Editor's Note

Investors looking for a buying opportunity in small caps should be prepared. Yesterday I mentioned that the 1,650 level on the Russell could be a potential buy point. The index hit 1,653 today. After multiple days of capitulation like declines we could be at a critical point. A breakdown from here could tank the entire market since sentiment would be damaged. This could be a buy point or it could be the start of a dramatic market change. I would vote for the buy point today but my vote does not count.


New positions are only added on Wednesday and Saturday except in special circumstances.


No New Bullish Plays


No New Bearish Plays