http://rudeawakening.agorafinancial.com/2008/11/11/betting-on-gambling/ Hot Coffee In the Face of Wall Street Thu, 05 Nov 2009 06:41:47 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://rudeawakening.agorafinancial.com/2008/11/11/betting-on-gambling/comment-page-1/#comment-741 3 Small Caps To Lead Charge Toward Market Recovery - Contrarian Stock Market Investing News - Featuring Bargain Stocks Thu, 29 Jan 2009 19:09:48 +0000 http://www.agorafinancial.com/afrude/?p=413#comment-741 [...] Source: Betting on Gambling Advertisement [...] [...] Source: Betting on Gambling Advertisement [...]

]]> http://rudeawakening.agorafinancial.com/2008/11/11/betting-on-gambling/comment-page-1/#comment-606 RiskAverseAlert Wed, 12 Nov 2008 00:12:26 +0000 http://www.agorafinancial.com/afrude/?p=413#comment-606 Having read in other places, too, about small-cap leadership following bear markets, and believing it might be some time before any widespread earnings recovery develops, I find considerable reason to remain cautious toward this segment of the stock market. To wit, seeing nothing technically telling about the recent steep decline of a stock like NP, I am alert to the significance of a potentially changed dynamic whose impact might not soon diminish. Likewise, that small-caps were late-comers in the market's recent swoon (this segment, indeed, held up well until September) might be indicating just how early we are in a bear market that could last for several more years. This is not to say imminent prospects are negative. Indeed, over the months ahead stocks might form a bottom, and then going into 2010 witness a sustained bid. Attractive valuations relative to years past likely raises this probability, much as you suggest. Yet how a turn higher from here might affect small-caps versus large-caps remains to be seen. I will be watching this for some clue indicating selling even worse than what the market just endured might follow... Having read in other places, too, about small-cap leadership following bear markets, and believing it might be some time before any widespread earnings recovery develops, I find considerable reason to remain cautious toward this segment of the stock market. To wit, seeing nothing technically telling about the recent steep decline of a stock like NP, I am alert to the significance of a potentially changed dynamic whose impact might not soon diminish. Likewise, that small-caps were late-comers in the market’s recent swoon (this segment, indeed, held up well until September) might be indicating just how early we are in a bear market that could last for several more years. This is not to say imminent prospects are negative. Indeed, over the months ahead stocks might form a bottom, and then going into 2010 witness a sustained bid. Attractive valuations relative to years past likely raises this probability, much as you suggest. Yet how a turn higher from here might affect small-caps versus large-caps remains to be seen. I will be watching this for some clue indicating selling even worse than what the market just endured might follow…

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