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To: Oblomov who wrote (11175)2/19/2000 2:31:00 PM
From: fut_trade  Read Replies (1) | Respond to of 42523
 
...This narrowing has happened many times in this century

I don't doubt that there has been narrowing in the past, but has it been to this extreme, where the top 100 SPX companies make up more than 80% of the total market cap?

I don't mind a bear market at all, but I don't want a crash like the Nikkei, where the market totally rolled over on it's back for more than a decade; as long as volatility continues to be high, I will be quite satisfied.