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Bill Saxon wrote:
>
> An additional note. Sel Insurance is also confirmed by good RelStr
> Macd patterns of Insurance v All Selects Composite.. Weekly and
> confirmed by Daily. This is an early signal, but it deserves
> attention I think.
>
> Intermediate Market rotation got me out of Select Energy Service and
> Natural Gas and into Select Consumer, Health Care and Food & Ag. Now
> Select Insurance has just moved into the upper third of the Selects on
> a 15 day ranking period. Assuming a bottom the first week of
> December and that Market Internals don't collapse, what's the
> consensus on Insurance?
Bill,
I read an article yesterday on the CNNfn web site. Robert Stovall
was discussing investments in light of the Asian malaise. He was
recommending good U.S. insurance firms that did NOT have any business
outside of the U.S. (meaning Asia).
Regards,
Tim
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