This is an important post. At least I think it is. I was going to say it was the most important post I had ever made, but I didn’t want to oversell it.
This morning, I was looking at a long-term history of the Russell 2000 (what else does one do on a Saturday morning?) and something caught my eye. I noticed how similar price action over the past few years was to the late 1990s. (more…)