Steve, Re "Insurance Cos"
On further reflection, the BRK.A/GRN deal is huge in scope. It is really going to be interesting how the market views it today.
Not unlike the banks of a few years ago, the insurance cos have PE ratios substantial below the market average. It is not surprising to me that my mid-year model portfolio, posted at:
Message 4780446
has two insurance cos in the 10 Buy and Hold With A twist group.
What they offer is unique. A reserve of capital. So in my watch list of today, this week, I add: CB, ACL, PRE, FRT, and OC. Seems the game might change from brokerages, drugs and telecom to add property and casualty insurance. The premium is just so great for GRN that I cannot believe that the investment community will not notice.
My Big Boyz short term watch list is HWP, SLB, BA, CAT, IBM, DIS, and EK.
JT - If, and when, I duplicate your results, I'll provide an argument. I think CPQ is basing very nicely and will blast off later.
Janko - Please consider that I need someone to explain the Far Side cartoons to me. If you are being sarcastic, why don't you use an <s> to let me know. In the meantime, I'll take my GM puts to the bank. If nothing else, the GM puts will pay for the rest of of my July sins.
To all - couldn't deal with my brother because of Father's Day activities. I keep trying to explain to them, that from my perspective, Father's Day is 365 a year (particularly when they are asking for money), buy I do enjoy the cards.
Berney
|
