MARKET INDEX LABORATORY, Monday, June 28, 1999
INDEX Pr Cls Open High Low Close Change %Change 12MO HI 12MO LO
THE MAJORS
DOW 10,553 10,555 10,692 10,555 10,655 + 102 + 1 % 11,107 7,539
SPX 1,315 1,315 1,338.5 1,315 1,331 + 16 +1.2% 1,368 957
OEX 671.5 671.5 681 671 680 + 8.5 +1.3% 690 471
RUT 443 443 448.5 443 448.5 + 5.5 +1.2% 464 310
TRAN 3,316 3,318 3,407 3,317 3,397 + 81 +2.4% 3,784 2,345
UTIL 322 322 325 321.8 323 + 1 +0.4% 334 272
VIX 22.61 22.16 23.03 22.04 22.56 - .05 -0.2% 48.56 16.88
TECHNOLOGY/SEMICONDUCTOR/SOFTWARE
COMP 2,552.5 2,568 2,602.5 2,555 2,602.5 + 50 + 2 % 2,652 1,419
NDX 2,186 2,186 2,244 2,185 2,244 + 58 +2.7% 2,268.7 1,129
MSH 1,088 1,088 1,110 1,088 1,110 + 22 + 2 % 1,139.5 480
PSE 567.5 567.5 577 565.5 577 + 9.5 +1.7% 586.5 278
SOX 452.5 452.5 459.8 449.5 459.5 + 7 +1.6% 477 190
CWX 737.5 737.5 759.5 737 759.5 + 22 + 3 % 748 399
INTERNET/NETWORKING
DOT 568.5 572.5 582.5 558.5 582.5 + 14 +2.5% 790 144
IIX 289.5 289.5 297.5 283.5 297.5 + 7.5 +2.6% 358 97
GIN 447.5 447.5 461 430.5 461 +13.5 + 3 % 667 114
NWX 556 556 563 555.5 560 + 4 +0.7% 582.5 232
BANKS/BROKERAGE/RETAIL/CONSUMER/DRUGS/CYCLICAL
BKX 852.5 860.8 878 860 872.5 + 20 +2.4% 932 592
XBD 395 395 413 395 413 + 18 +4.5% 530 149
RLX 876 876 903.5 876 903 + 27 +3.1% 966 588
CMR 541.5 541.5 548.5 541.5 545 + 3.5 +0.6% 574 444
DRG 352.5 352.5 355 352.5 353 + .5 +0.1% 425 304
CYC 584.5 584.5 593.5 584.5 588 + 3.5 +0.6% 619 392
OIL/GOLD-SILVER/COMMODITY
XOI 499.5 499.5 500 493.5 494.5 - 5 - 1 % 526 377
OSX 72.5 72.5 74.5 72 72.5 + 0 + 0 % 92 47
XAU 63 63.8 64.5 63.5 63.5 + .5 +0.9% 87 49
CRX 209 209 211.5 208.5 209 + 0 + 0 % 229 149
30 YR. BOND YIELD
TYX 6.151% - 6.156% 6.095% 6.095%
MARKET INDEX LABORATORY, June 28, 1999 (PAGE 2)
MISCELLANEOUS INDICES
AIRLINES/TOBACCO/CHEMICAL/INSURANCE/YEAR 2000
XAL 160.5 160.5 165 160.5 165 + 4.5 +2.8% 204 116
TOB 293 293 297 293 294 + 1 +0.4% 326 236
CEX 496.5 496.5 504.5 496.5 501 + 4.5 +0.9% 547 402
IUX 642 642 651.5 642 646.5 + 4.5 +0.7% 710 471
YTK 202.5 203.5 204.5 202.5 204.5 + 2 + 1 % 237 144
***PLEASE NOTE***The market rocketed into orbit with full
participation as XBD, RLX, BKX, TRAN, CWX, NDX et al registering
solid gains. Lets see if the market builds on these gains,
consolidates these gains, or registers any significant reversal.
Best, J.T.