I sit with baited expectations... some of which may gel in the next 3 days .... what with the TSX and Venture in good shape heading into the New Year... These 3 days can be a bit volatile as there are many like me who are jockeying for position....
The New Year January effect sometimes can come in with a whimper the first couple of weeks and is generally reserved for Mid to Large Caps which are the core of the phenomenon, however Small Caps in a bullish broad market will likely see quicker results all around.
With tax selling behind us... even the shorts should run for cover... unless there is an institutional presence behind a favorite issue... most Small Caps in Tout land should see some enthusiasm.
GLTA Lostoutwest
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