Thursday, June 5, 2008

Day Summary

Dow and S&P did some cathing up today and led the Nasdaq higher but it was Russell200 day as it smallcaps outperomed their big brothers. Its a good sign when small caps out perform large caps that means appetite for risk is returning to maket and people are betting on growth rather than fixed income. Volume was a tad light then last two days but as they say price is king and so for Nasdaq and Russell broke to new highs.

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