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Mr. Murrey wrote:
>The top 8 stocks are:
>1) GE 7.9 %
>2) KO 5.7 %
>3) XON 5.08 %
>4) INTC 4.17 %
>5) MRK 3.87 %
>6) IBM 3.16 %
>7) BMY 2.84 %
>8) JNJ 2.69 % = 37.5 % of the entire S&P 500 Cash Index !!!
I believe his math is somewhat faulty. The CBOE web site has a spreadsheet
from Standard and Poor's Corporation as of July 31 which lists the top 8 as
follows:
GE GE 3280.366 70.187 230240.689 3.13%
KO Coca Cola Co 2479.028 69.25 171672.689 2.34%
MSFT Microsoft Corp 1198.327 141.375 169413.48 2.30%
XON Exxon Corp 2483.023 64.25 159534.228 2.17%
INTC Intel Corp 1638 91.812 150388.875 2.05%
MRK Merck & Co 1207.113 103.937 125464.307 1.71%
RD Royal Dutch 2144.296 55.937 119946.558 1.63%
MO Philip Morris 2428.794 45.125 109599.329 1.49%
I passed eighth grade math!!
Ron Griess
Topline Investment Graphics
http://www.topline-charts.com
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