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Just Kidding.....

Everyone loves a good underdog story. I get it.

But the obsession with small caps “finally taking over” every time they outperform for a few days still blows my mind.

Two or three times a year, small caps catch a bid.

Large caps...

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Dear Members,

"Sell into strength" is still our big theme right now. We're not trying to buy dips. To the contrary, any opportunities that we get to sell into, we want to take. The weight-of-the-evidence suggests there is way too much overhead...

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