Q. What is going to turn things around for small caps?

Q. co odwróci rzeczy dla małych spółek?

Right now, there is no convincing reason to buy small caps.

Natychmiast, nie ma żadnego przekonywającego powodu kupić kapitaliki.

Lower case letters are included in the form of small caps.

Małe litery są włączone w formę małych spółek.

No wonder that the small caps have had such a hard time keeping up.

Żaden cud, który małe spółki mają nie spędził takiej przeprawy na nadążaniu.

Small caps have lagged over the last couple of weeks.

Małe spółki zostawały w tyle przeszło ostatnia para tygodni.

Over the longer run, small caps tend to do a bit better because they are the more aggressive companies.

Ponad dłuższym biegiem, małe spółki przejawiają tendencję do robienia trochę lepiej ponieważ oni są bardziej dynamicznymi spółkami.

Q. At base, what is the case for small caps?

Q. przy podstawie, co jest argumentem za małymi spółkami?

"I would suggest investors take a hard look at small caps now," he said.

"Zasugerowałbym, że inwestorzy biorą twarde spojrzenie na małe spółki skoro," powiedział.

And the smallest of the small caps are very cheap.

I najmniejszy z małych spółek są bardzo tanie.

We have seen periods when the economy contracted and small caps did well.

Zobaczyliśmy okresy gdy gospodarka zmalała i małe spółki dobrze sobie radziły.

"That suggests the risk levels in small caps currently are probably lower."

"To sugeruje, że poziomy ryzyka w kapitalikach obecnie są prawdopodobnie niższe."

But in the small caps, it's likely to have a greater effect."

Ale w kapitalikach, to ma duże szanse wywrzeć bardziej wielki efekt. "

But this is a time when small caps play catch up."

Ale to jest czas gdy małe spółki grają w piłkę w górę. "

Of course, there is no guarantee that either these stocks or small caps in general will take off.

Oczywiście, nie ma żadnego zapewnienia, że albo te towary albo małe spółki na ogół zdejmą.

"I'd invested in small caps for years and done well.

"Zainwestowałem w kapitaliki przez wiele lat i dobrze sobie radziłem.

"I still think the real oomph is in small caps."

"Wciąż myślę, że prawdziwa ikra jest w kapitalikach."

"If people start loading up on small caps at the beginning of 2004, we think they'll be disappointed."

"Jeśli ludzie zaczynają załadowywać w małe spółki na początku 2004, myślimy, że oni zostaną rozczarowani."

I think the smaller caps holding up is probably good news."

Myślę bardziej niewielkie wytrzymujące czapki jest prawdopodobnie dobrymi wieściami. "

"On the other end, people are concerned about being in risky stocks like small caps."

"O innym końcu, ludzie są dotyczyć o byciu w ryzykownych towarach jak małe spółki."

Q. Why have small caps done so well, and what is going to slow the momentum?

Q. dlaczego małe spółki zrobiły tak dobrze, i co iść wolny rozmach?

For one, small caps are holding up rather well.

Dla jednego, małe spółki wytrzymują raczej dobrze.

And it did not take much to convince investors that small caps were cold.

I to nie zabrało dużo przekonywać inwestorów, że małe spółki zachowywały się chłodno.

"I think small caps will continue to outperform," he said.

"Myślę, że małe spółki będą kontynuować przewyższanie" powiedział.

In some years, more than three-quarters of the small caps beat the index.

Za jakieś lata, więcej niż trzy czwarte małych spółek zbiło indeks.

Indeed, the Russell 2000 index of small caps is now down 3 percent this year.

Rzeczywiście, Russell 2000 indeks małych spółek zmniejszy się o 3 procent teraz w tym roku.

Most fund managers define small-caps as companies with market capitalizations under $1 billion.

As a result, small-caps tend to rebound the most once this selling pressure evaporates.

Does the stumble in small-caps last quarter make the advisers nervous about the overall United States market?

And, he added, "if people really felt good about earnings they would be driving the mid-caps and small-caps higher."

"A lot of new money in the market has gone into mid-caps rather than small-caps because it's easier to put that money to use," he said.

"Small-caps had a pretty doggone good third quarter," he said, "and most likely, they're going to turn in a dynamite fourth quarter."

Small caps can be specified in CSS using "font-variant: small-caps;".

"They're hanging on by a finger," said Claudia Mott, a small-caps analyst at Prudential Securities.

She is staying with mid-cap stocks, she said, because they "have less volatility than small-caps but tend to do well when small-caps do well."

Relatively volatile equities like small-caps and international stocks should be held through mutual funds, rather than in individual stocks, Mr. Jaffe said, because of the diversification that funds provide.

"Small-caps tend to outperform at the beginning of a cycle," said Mr. Sah, 38, who took over sole management of the fund in December after working on a team that ran it for three years.

BODY WASHED UP NEAR SANDSEND, the small-caps headline ran.

This certainly needed to be checked, because companies that have contributed to the most candidates have tended to be among the largest, and large-cap stocks outperformed small-caps during many of the years that the professors studied.

It's also a profitable time to be an arb; Merger Fund, Mr. Green's mutual fund, is up more than 4 percent this year, while the Dow is slightly underwater and small-caps are in the red.

The difference in executive-compensation gains was sharper when stock options, restricted shares and long-term incentives were included: C.E.O. compensation surged by 19.2 percent at small-caps, 13.33 percent at mid-caps and 3.66 percent at the biggest companies.

Jeffrey Dunham, the president of Dunham & Associates Investment Counsel in San Diego, said his clients would probably move into "investment areas that have been out of favor - that includes growth stocks and health care as well as small-caps."