nows not the time to hold small caps any change in sentiment and if you need to dump there are no buyers.
I sold down on the no bail out news and am happy to have done so with the US manufacturing base atrophing to John Deer and Cat and boeing. Have kept core holdings but more than 40% equity exposure in this market (keep the rest in the bank and in the home) is financially irresponsible if holding money for trusts or others.
Its was obvious once the no bail out news came out the spec stocks like BBI and the sold down reits will get hit on opening on Monday, they are best as day trades now but with some core holdings in them if you expect some good news
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