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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (66255)	10/18/1999 11:15:00 AM
From: JakeStraw	Respond to of 90042

>>avoid all the financials and insurance stocks for the rest of the year I disagee...for long term investors you s/use this current weakness and any further weakness to start or add to positions in the financial sector.

To: Tim Luke who wrote (66255)	10/18/1999 11:27:00 AM
From: Bryan	Read Replies (2) \| Respond to of 90042

...avoid all the financials and insurance stocks for the rest of the year Why? I have a couple financials (banks) in my core portfolio and they have been doing quite well. I would never think about exiting these positions in light of the current short-term events. I'd be more concerned about trying to play start-ups or IPO's in this environment. As far as Insurance Co.s, they might be better off left alone unless you're looking for dividend income or a long term hold. The whole insurance sector has been falling, but it could be a good time to $cost-average into them for a longer-term hold. bk