Agreed! Right now the centiment is not the best surrounding small cap stocks as the liquidity issues are benefiting the bigger fish in the global market pond...

HOWEVER

The small-cap index is trading at a 40% discount to the S&P/TSX composite index's price to book ratio. We have not seen this kind of discount since the Internet boom, which was roughly in 1999/2000, when the discounted widened to almost 50%. Thereafter, this discount narrowed to about 10% in 2004. During this time period, we saw the small caps substantially outperform their big-cap counterparts. The current large discount could augur well for small-caps.