Thanks for your comments Paul!!!
<<<<After the Fed
Time to jump into small-caps?
By Craig Tolliver, CBS MarketWatch
Last Update: 4:51 PM ET Oct 16, 1998Mutual Fund Center
The latest Fed rate cut could give investors the guts to get back to small-stock
funds.
John Rekenthaler, Morningstar's director of research, told The Wall Street Journal
it's
as an "excellent time to be buying small-cap funds." Small stocks are cheaper
than large
stock equivalents, and investor psychology should turn bullish on small stocks, he
figures. Rekenthaler does caution, however, that should the Fed's rate cut fail to
prevent
a recession, small stocks could get even cheaper. On Friday, small-cap stocks got
off to
a good start, with the Russell 2000 Index ($RUT) of small-company shares
outpacing
many broad-market averages. Rekenthaler, no-load fund analyst Susan Beldon,
Tim
Medley of Jackson, Miss.-based Medley & Co. and Lou Stanasolovich of Legend
Financial Advisors offered these small-stock fund suggestions to the paper:>>>>
Small cap stocks too?
How about micro-caps?
Happy investing!
KZAP |
