Wednesday, August 23, 2006
Down 0.5 percent today. Yeah, I know watching my portfolio go nowhere for the past four months hasn't been too fun for you or for me. But sometimes reality is boring. Part of the problem is that traders seem to have lost interest in microcaps. However, if the market continues to recover, I think we'll see a lot more interest in the microcap realm. There's a definite order in these things. First the big caps stock go up. Traders get more confident, and as they get confident, they start buying up more small more speculative companies. That's been the pattern in the past, and hopefully it will continue to be the pattern in the future.