1. All three major indexes passed records set Friday. 2. Although all the major indexes registered gains, advancing stocks outnumbered decliners on the New York Stock exchange. 3. Among other technology stocks helping lift the three major indexes were Hewlett-Packard, Sun Microsystems and Oracle. 4. And big capitalization technology shares have gained even more, culminating in records for all the major indexes this week. 5. And even though major indexes and averages are at record highs, not all stocks are participating equally. 6. And they are angry, after already enduring two years of losses in the major indexes. 7. And with the stock market in a slump that had all three major indexes down for the year through September, bond mutual funds ought to be attractive. 8. And with the stock market in a slump that has all three major indexes down for the year, bond mutual funds ought to be attractive. 9. Another indicator is the fact that the main index of smaller company stocks is still well below its high while the major indexes have all bounced back. 10. As a result, major stock indexes have declined steadily since mid-March, or about when many corporations started warning that their financials would be disappointing. |