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After crashing in July, the Storage Industry Index stopped underperforming the S&P 500 and at least managed to mirror it. By the end of the month, it had survived a few shaky days and rode a small rise in the S&P back up toward 1100. Still, the Index has a long way to go back towards its glory days in early 2004, not to mention 2002.
The Storage Industry Index tracks a market basket of public companies focused largely on storage. The companies represent all sectors of the industry and all have significant market share in their sectors. This Index is intended to represent the relative growth of storage technology and is not intended as a guide to personal investment.
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