Tuesday, October 31, 2006
October Results
Up 0.4 percent today. For the month of October, the portfolio gained $36,235 (4.8 percent), the best monthly performance since April. However, despite this solid result, I did underperform the Russell 2000 by 0.9 percent in October. Interestingly, despite the constant chatter that investors are finally shifting money away from smallcaps and into large caps, the Russell 2000 has outperformed the S&P 500 since the market bottomed in August. I guess smallcaps still have some room to run, although inevitably I know the party will eventually end.