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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (15043)4/13/1999 7:33:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
< that explanation may be suitable for CNBC audiences> Actually I considered it quite relevant(but then again,I'm just an audience member of CNBC<g>), when you consider CMGI's market cap is in excess of $14bb,XCIT $10bb,EGRP $11.0BB,,,when you consider the weighting,it is obvious, as on the NAZ, a small hand full of stocks are carrying the Russell as the big 5 are carrying the NAZ..Although I would agree by looking at the Hi/Lo,there has been some broadening,but not to the extent that many believe.Many forget, the Russell is a weighted avg...DD