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Byline: DAVID SAITO-CHUNG
The S&P 500 rallied 0.4% and the Dow 0.2% Monday. Volume fell sharply.
Russian wireless telecom firms continued to dominate. Mobile TeleSystems made its fourth straight gain on above-average volume, this time rising 3.58 to a new high of 87.08. The stock has been featured or mentioned in various IBD sections 48 times since its breakout on Feb. 28. IBD subscribers can use the IBD Archives on investors.com for free.
Cellular phone users in Russia reportedly rose by a record 1.99 million to a new high of 30.8 million users in September, according to Russian telecom J'son & Partners. Mobile TeleSystems leads the market with …