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So how do we know.....


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#1 LMF

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Posted 24 March 2020 - 09:45 AM

When the big market top is upon us.......

When the RUT, IWM, SML is leading the market. Just not today, and probably not this week at a minimum.  The next rule is, it's never different.


Edited by LMF, 24 March 2020 - 09:46 AM.


#2 12SPX

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Posted 24 March 2020 - 10:05 AM

I think you missed it was about a month and half ago lol!!  swoon.gif



#3 K Wave

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Posted 24 March 2020 - 10:10 AM

RUT essentially just duplicated the '29 crash from the Jan 17 top.

 

More stocks below book value now in RUT than at the bottom of the GFC in 2009.

 

I suspect we may be about to see a recovery there that surprises some folks...



#4 LMF

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Posted 24 March 2020 - 10:23 AM

RUT leading on the way up.......when that happens, get ready to head for the hills. This was one of the worst small cap performances going into the QQQ high on Feb 19.

#5 Dex

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Posted 24 March 2020 - 11:04 AM

RUT leading on the way up.......when that happens, get ready to head for the hills. This was one of the worst small cap performances going into the QQQ high on Feb 19.

 

It was also the worse performer.  NASDAQ lagging ... better performer. 


"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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