13 November 2009

I was wrong footed

Boy was I wrong about the Bulletin Board stocks. The experience of the last few weeks was that Big Caps led Small Caps in China. Yesterday the late day damage was most pronounced for the Big Boys. So one (as in me) would have thought the BBs would have come down hard today. So far it hasn't happened as the market rallies slightly. The moment of truth hasn't arrived here in NYC yet. We'll know more in a few minutes.

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