Retail momentum traders need not worry about this, even if most of the money goes to large cap, there will be some stocks that are relatively strong in the mid and small caps too, the return may not be as good as the past, but it could still me good. What happens after these are bought is a different question, they can fall if the indices continue to fall.
And if there are no opportunities, one can expand the search area, go beyond the indices, or include large cap too.
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