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IBDvalueinvestin (99.66)

Time to go short Small Caps & long the beaten down Health care-services sector.

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June 18, 2009 – Comments (5)

I am shorting small caps thru ETF's because the small caps have had some stocks go up 2 fold and some have even gone up 5 fold or more since march. The trend is changing when you see stocks struggle to go up even on good economic data. That means the rode to least resistance is now down not up.

5 Comments – Post Your Own

#1) On June 18, 2009 at 12:13 PM, portefeuille (99.60) wrote:

Time to go short Small Caps & long the beaten down Health care-services sector.

I did that two weeks ago. I think it is time to reverse that move again.

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#2) On June 18, 2009 at 12:20 PM, IBDvalueinvestin (99.66) wrote:

Healthcare dominating to the upside again, while most other sectors are down,

IHF +3.5%, XLV +2%, IYH +2%, Pharma HLDRS- PPH +2.5%,

 Small cap bear ETF TZA is down today, but it should rebound quickly if we get a late day fade in the djia

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#3) On June 18, 2009 at 12:43 PM, IBDvalueinvestin (99.66) wrote:

New lows today are outpacing new highs by a 2-1 margin.

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#4) On June 18, 2009 at 12:49 PM, russiangambit (29.17) wrote:

I am not sure why while apparel retailers are down, casual dining is up last 2 days. It makes no sense when everybody is getting into defensive plays.

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#5) On June 18, 2009 at 1:57 PM, checklist34 (99.69) wrote:

i think that move has quite possibly largely run its course, and alot of those super-big-movers from march until now have considerably corrected and re-traced, and in the next move up on the market they may well be the l eaders again.

this is a htought.  there is still by far and away better value among small caps AND AMONG MANY OF THOSE STOCKS THAT TOOK ROCKET RIDES OF 100% OR MORE FROM THE BOTTOM than there is anywhere else. 

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