xjo ... nasdaq... djia... s&p 500 update..., page-21

DOW, Nasdaq et al relatively flat last night. I think we're in for a period of consolidation. Neither big falls nor big gains.

That been the case, i suspect the junior and mid tier players to continue to make ground and run as they have been.


Ive been oversease in HK and Sing until recently, so have missed most of the recent rally, but see value in having a hedge trade favoring junior/mid tier co's against the big heavyweights. Ie, i am considering shorting a few blue chips as a hedge against a number of positions i have and will continue to add too.


Thoughts?