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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (33243)11/7/1998 10:07:00 AM
From: Vitas  Read Replies (1) of 94695
 
GZ:

"The Russell 2000 small-cap index is up 26.7% from its 12-month low on Oct. 8, through Wednesday. That's the biggest 20-day increase since the inception of the Russell index in 1979, says the Tacoma, Wash.-based Frank Russell Company.

The previous record was 23% in January 1991. That spike began a record-setting year for the Russell in which the benchmark gained 46.1% during the calendar year. Mutual funds invested in small companies in 1991 averaged a whopping 51.8%."

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Vitas
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