Consistent Seasonality of Smallcaps and Microcaps [View article]
Comment from 'trustdnb':
It has been noted by Seigel and others that the notorious January effect is evident mostly in small caps (and to a lesser extent value stocks). But I would be curious to know if this smallcap outperformance persists in downmarkets as well as upmarkets. If the market is still in a downward spiral as we head into January '08, would it make sense to sell SPY against IWM/IWN?
Consistent Seasonality of Smallcaps and Microcaps [View article]
It has been noted by Seigel and others that the notorious January effect is evident mostly in small caps (and to a lesser extent value stocks). But I would be curious to know if this smallcap outperformance persists in downmarkets as well as upmarkets. If the market is still in a downward spiral as we head into January '08, would it make sense to sell SPY against IWM/IWN?