News Focus
News Focus
icon url

jpar

08/19/02 11:23 AM

#16843 RE: mlsoft #16841

Well I wish they would hurry up and give it a break. My spx short is getting killed here.I know its manipulation but theyre getting out of hand now.

icon url

Lane Hall-Witt

08/19/02 11:34 AM

#16855 RE: mlsoft #16841

In addition to the U.S. trouble spots (JPM, C, BAC), there's been chatter recently about trouble among large European insurers -- maybe we're seeing a Japan-style ramp just to relieve pressure there. The chatter began even before the devastating floods of the past couple of weeks. A report this weekend said only about 20 percent of the property damage due to floods is covered by private insurers -- but that's still 20 percent of a very large number, on top of their existing capitalization shortfalls.

One thing is for sure: with this thin volume, Da Boyz are having a field day.

icon url

Zeev Hed

08/19/02 11:36 AM

#16856 RE: mlsoft #16841

Got into DNA here just under $34, and back into IDPH and AMGN at minimal discounts ($44 and $46.85. I can't fight those guys.