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After the best return for the month of August since 1984 (+7.0% for S&P 500 index and +7.19% with dividends reinvested) it appears that the trend is indeed an investors best friend here. And while it's been a little bumpy, the venerable chip index sports a gain of +8.3% year-to-date. However, it is important to remember that you need to have exposure to megacap tech in this market to be smiling at month-end. Lest we forget, the Russell 2000 small cap index (using IWM as a proxy) is still down -5.6% on the