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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (46103)	2/27/2000 4:00:00 PM
From: long-gone	Read Replies (1) \| Respond to of 94695

re: then the bottom drops out Wed. or Fri. next week?

To: William H Huebl who wrote (46103)	2/27/2000 4:03:00 PM
From: long-gone	Read Replies (1) \| Respond to of 94695

Talks break down in Boeing strike No further talks scheduled; 18,000 to remain on picket line ASSOCIATED PRESS SEATAC, Wash., Feb. 27 ? Talks between The Boeing Co. and its striking engineers union broke down late Saturday with sides still far apart on major issues, a union spokesman said. No further talks were scheduled, leaving some 18,000 engineers and technical workers on the picket line indefinitely. msnbc.com

To: William H Huebl who wrote (46103)	2/28/2000 11:15:00 AM
From: Jon Matz	Read Replies (2) \| Respond to of 94695

William, Can you shed some light on this? I've just completed a study of the Dow Jones Industrials and the math doesn't work out. Perhaps you can see something I missed. The Dow is down by 16% off the peak according to the index. My study shows the following. Note every single one of the 30 stocks are down from their peak by the following percentages. 5-10% = 2 Stocks 11-15%= 0 16-20%= 4 20-25%= 7 26-30%= 7 31-35%= 5 36-40%= 3 41-45%= 2 It is quite easy to see that the "average" is down over 25%, but the index "says" 16%. I thought that market cap might be playing a major role so I decided to check the average decline of those BIG companies in the index that have a market cap 100 Billion and above. There are a total of 16 companies with market caps 100 Billion plus. The experiment should have showed an average decline at least a little below 16% to adjust for the total average of over 25%, at least I thought so. But the average decline of those biggies is 24%. What the heck?????