While the broad market of small stocks as measured by my benchmark the iShares Russell 2000 Index (IWM) managed to turn in a small 2% gain in March for the third month in a row, clean energy stocks repeated February's performance, giving back more of January's spectacular gains. My clean energy benchmark, the Powershares Wilderhill Clean Energy Index (PBW), declined 3.2% to end the quarter up 5.5% for the year, while IWM closed up 12.2% for the first quarter.