The chart below shows what has been happening in the UK since 11th Sept. I have rebased the main Indices to 100 on 11.09.2001, and as you can see the FTSE100 is the only one that is showing a strong recovery. Smallcaps in particular are still down and out, and even the FTSE250 is still below the 11 Sept level. Perhaps the much vaunted recovery is less strong than the media would have us believe?