1. Stock averages have shown all signs of a mania. 2. Although its performance paled beside the stock averages, Calpers said it probably outperformed most other pension funds. 3. Blue-chip stock averages also fell in an overall lethargic market. 4. Across the Pacific, however, Japan Inc. was in full gear as the Nikkei stock average soared to ever-greater heights. 5. All major stock averages recovered from early losses to post small gains for the day. 6. All major stock averages are now at their highest points since March. 7. But major stock averages dropped back from early gains to close with losses. 8. But major stock averages pulled back on Thursday as investors converted some of their share price gains to profits. 9. But the market turned up shortly after noon and eventually pushed two major stock averages into plus territory on heavy volume and almost made it three. 10. But the news is not good for all the big names in this stock average, even though it inched to a second consecutive record Wednesday. |