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Strategies & Market Trends : Fidelity Select Sector funds
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To: Julius Wong who wrote (1606)2/25/1999 10:49:00 AM
From: Jerry Held  Read Replies (1) of 4916
 
>>On all 8956 stocks
579 stocks are in the top 15% of 52 week range
1578 stocks are in the bottom 15% of 52 week range<<

Julius:

Sure lends credence to what I've been hearing, that just a small percentage of stocks are pushing the various indices (S&P 500, DJ30, etc...) to new highs.I suppose this is also why declines have been outstripping advances by such a wide margin.

I greatly appreciate the info that you and others bring to this thread.

Jerry

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