Replies to post #7726 on P10 Industries Inc. (PX)

[bob4uall]

No September/October bust this year, it appears. But earnings season is just beginning.

My position is "cautious" until the midterms, until it is more clear if we are still in a tax-cutting and deregulation phase.

But it is tempting to make a bet here that Election Day won't change things very much and so be ahead of the relief rally that could set up later on. I like that idea very much because earnings season may also turn out very good in a few weeks.

This, however, will have little effect on the wall paint that we have come to know as PIOE, and its drying speed. But a strong investment market can't be bad, even though the brokers/partners/major-owners/creditors/etc. get first crack at the revenues.

[value1008]

I was posting over at the Savvy Trades board yesterday about how the Russell smallcap (IWM) and microcap (IWC) indices had dip very hard over Fri-Tues while the big indices had slightly gone up. Barons online magazine ran a story yesterday afternoon noting that the divergence between smallcaps and bigger caps was one of the biggest in years and recommended buying smallcap index.

Quite a number of smallcap and microcap stocks dipped over 10%.

But the smallcap & microcap indices (IWM and IWC) are up nicely today.