The Small Cap index Russell 2000 has been a great place to park monies in the short and long term.
The Russell 2000 is having a great 2013 and finds itself up over 80% above its 2000 highs. The large-cap S&P 500 can't brag about this type of performance in the same frame.
The two largest declines in the Russell 2000 since 1999 -- each larger than 35% -- took place at the top of this rising channel. Now the Russell is back at the top of this channel and is breaking below a small support line and its 50-day Simple moving-average line.
When it comes to portfolio construction, it paid in the past to harvest some positions in the Russell 2000 at the top of this channel. Will it be different this time?