It appears the correction is over and any dips we get from here will likely be shallow. I am in the process of adding to our equity exposure.
Small cap stocks weathered the downturn best. Last week I began building an overweight position in IWM (small cap ETF). I have also re-established ETF positions in energy and industrials.
Market leaders are once again asserting themselves. I have initiated new positions in Acme Packet and Aruba networks among others.
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