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To: yard_man who wrote (2492)6/23/1998 10:32:00 AM
From: Joseph G.  Read Replies (1) | Respond to of 86076
 
Yes.
Five components of NDX are 57% of weight
CSCO = 8.2%
DELL = 5.8%
INTC = 13.1%
MSFT = 22%
WCOM+MCII = 7.9%

A year ago INTC and MSFT were about equal at 19%.
A year ago it took seven components to equal 58%.



To: yard_man who wrote (2492)6/23/1998 10:36:00 AM
From: John Dally  Respond to of 86076
 
Hi tippet,

Here's one measure of the narrowness of the move:

tscn.com



To: yard_man who wrote (2492)6/23/1998 1:13:00 PM
From: Cynic 2005  Read Replies (3) | Respond to of 86076
 
A/D breadth is better today. NH/NL is still less than 1 for both naz and NYSE. Given this, watch the volume! If the market goes-up like this 3 days in a row with more than 600 mil shares on NYSE and 700 mil shares in NAZ, I think we are on to another manic run with even more narrower leadership. Of course, there are wild cards for the wild runs.
quote.yahoo.com