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To: Bretsky who wrote (15218)	2/1/2000 8:27:00 AM
From: Richard Tsang	Respond to of 118717

Thanks, Bretsky. The small cap (RUT) could not come back at the end of the day for a gain like the bigger indexes although it ended January with a smaller loss (1.7%) as compared to the bigger losses in SP500 (5.1%), DOW (4.9%) and NAZ (3.1%). I got a feeling that the small caps are still in favor. But for how long before they get hammered is a big question. Picking stocks from the small caps has paid off well in the last 3 months. I also have 40% of my 401k money in the RUT, that is why I watched it closely. Rich