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


To: Haim R. Branisteanu who wrote (37250)2/7/1999 2:27:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
<<<<In the MDA tread I proposed to insulated the high fliers (MSFT, INTC,CSCO, WCOM, ORCL,DELL, SUNW, TXN, MOT, IBM, LU,) from the SPX and we are actual in neutral territory. >>>

The losses in those stocks this week took the SPX down by 40 SPX points.

Haim



To: Haim R. Branisteanu who wrote (37250)2/7/1999 4:09:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Haim,

Interestingly enough, only 30% or so of NYSE stocks are trading over their 200 day MA. But that DOES NOT say that the majority are in bear markets... with NYSE composite in near record territory, I would think that most of the stocks are in bullish mode. Of course, with the VGY 200 day MA still descending, I would have to agree that there is still substantial divergence between the high caps and smaller cap stocks. Just ask mutual fund owners.

BWDIK?

Bill



To: Haim R. Branisteanu who wrote (37250)2/7/1999 10:48:00 PM
From: NickSE  Respond to of 94695
 
Haim,

The true health of the SPX is masked by the high fliers just like you said.

S&P500 - 1998 stats : Annual Gain - 26.7%

10 stocks comprised 43% of the gain
25 stocks comprised 67% of the gain
33 stocks comprised 75% of the gain

Ref: Bus. Week

In the MDA tread I proposed to insulated the high fliers (MSFT, INTC,CSCO, WCOM, DELL, SUNW, TXN, MOT, IBM, LU,) from the SPX and we are actual in neutral territory.

Regards,
Nick