Could Small Investors Be the Real 'Smart Money'?
January 08, 2013 at 00:52 AM EST
On Wall Street, the retail investor is often seen as the dumb money. As the thinking goes, by the time Main Street has caught onto a bullish or bearish trend, it's time for the so-called smart money-the professionals-to do the opposite. Those days may be over, thanks to an index by TD Ameritrade being unveiled Tuesday.