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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (4255)3/18/1998 2:25:00 PM
From: wooden ships  Respond to of 42834
 
Pursuant to the discussion on utilities, I offer the following
statistics:

On Friday 13 March 1998, the DJIA closed at 8602, the S&P
500 at 1068, and the DJ Utility average at 275. As of this writing,
the DJIA stands at 8735, the S&P 500 at 1081, the DJ Utilities
at 280. By these measures, the DJIA is up 1.55%; the S&P 500
up 1.22%; the DJ Utilities up 1.82%

If the pertinent closing numbers are used from Friday 6 March
1998 and compared to present, it can demonstrated that the DJIA
has increased 1.94%. Meanwhile, the S&P 500 is up 2.37%, and
the DJ Utilities up 2.56% from said date.

In sum, the DJ Utility Average has been outperforming both the
DJIA and S&P 500 average since 6 March 1998 and continues to
outperform these indices for this week, as well, as of this writing.
Certain it is that these numbers are not escaping Brinker's attention.