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Joe Stocks

10/22/04 11:21 AM

#313365 RE: cy esp #313361

I am not Zeev but I don't see it as a screaming buy here for longer term. Has good support here going back just about a year. Could bounce for a trade but not yet at the levels that I would want to tuck some away for a while.
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Zeev Hed

10/22/04 11:37 AM

#313393 RE: cy esp #313361

I think the sector is still under pressure, and there might be another shoe dropping soon, unless you are playing it for a DCB (with a stop at the recent low), long term, I think that it will probably establish a multi year low in the mid $40 next year.
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Alex G

10/22/04 11:41 AM

#313399 RE: cy esp #313361

The insurance scandal... Just how rotten?

Oct 21st 2004
From The Economist

http://www.economist.com/finance/PrinterFriendly.cfm?Story_ID=3308447