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To: Oblomov who wrote (45315)	12/7/2000 10:45:37 PM
From: Perspective	Read Replies (1) \| Respond to of 436258

Whispering? Hell, it's screaming it! MBI provides financial guarantees for municipal bonds, asset-backed & mortgage-backed securities, corporate debt & debt of selected financial institutions & provides investment management services. Revenues for the 9 months ended 9/30/00 increased 9% to $783.2M. Net income totaled $392.4M, up from $193.6M. Revenues reflect an increase in net investment income. Net income also reflects a decreasedlosses and loss adjustment expense. Gee, that sounds like a really bad business to be in going into a recession. Just want I want to do - back all those asset-backed securities as they're going bust. This is one of my new candidates for a significant bankruptcy announcement when our bubble is done... BC

To: Oblomov who wrote (45315)	12/7/2000 10:55:21 PM
From: byhiselo	Read Replies (1) \| Respond to of 436258

financial insurance, at this juncture? i'd say premiums are modeled for profit this side of a meteor striking terra ferma looks like consolidation and potential breakout to me, stop at 77 if you play, i'd be a buyer at at that level, but then i'm a chart chasing... 2 sides of every coin to puncture cheers

To: Oblomov who wrote (45315)	12/8/2000 2:11:29 AM
From: patron_anejo_por_favor	Respond to of 436258

<<? I think it's whispering, "Short me":>> If it rolls over real soon, it'll complete the right shoulder and you'll have a nice head & shoulders with a rising neckline at 65 1/2. You could short it now to catch the neckline drop (stop loss at 73 3/4 or so), or wait for the neckline break. As we've discussed, these are the guys who write insurance for muni bond issuers enabling them to score AAA on their ratings. They also insure various bits (actually, a LOT, 16 billion or so) of asset backed flotsam (with a minimal asset base of their own, natch). A hard landing would cause them some, ERRR, INTERESTING problems (as would a grinding bear). DISCLOSURE: I have NO position (at the moment) on MBI.

To: Oblomov who wrote (45315)	12/8/2000 6:33:47 AM
From: AllansAlias	Respond to of 436258

re MBI: Perhaps. It's at good resistance right here now (going back to '99 and '98) and could be construed as breaking out of the bullish flag (use the weekly chart and draw flag lines using the closes). In fact, closing here or higher would be its highest weekly close since the middle of 1998. If it blows by this by a couple of points I would stand aside. The longer-term chart has an inverse H&S (look at a 3/4 year weekly) that points to resolution at the 1998 highs around $80 -- a better short entry. (PM me and I'll send you the chart I see when I get back from the city this evening.)