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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Kerry Phineas who wrote (27384)	4/14/1998 12:49:00 AM
From: S. maltophilia	Read Replies (1) \| Respond to of 132070

Kerry She's absolutely right about regional banks being lower than in 1970. Why, just in our local area, I can think of Mercantile, later known as MBank, later FDIC basket case, and 1st National (Dallas) which became Interfirst, which merged with Republic and went down the taxpayer financed toilet. No doubt some of your local banks are cheaper too. I only hope she doesn't mean that THE National Bank that all the mergers are leading to doesn't have 100% to go on the downside.

To: Kerry Phineas who wrote (27384)	4/14/1998 9:02:00 AM
From: Thomas M.	Respond to of 132070

It was a chart of the regional bank sector's relative strength (i.e. relative to the S&P 500). Beelzebub

To: Kerry Phineas who wrote (27384)	4/14/1998 11:27:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Kerry, You know I hate TA but my best friends are almost all technical analysts. Great people to hang with because they have a picture that describes any kind of lunacy you can find, and it makes it look o.k. One of the best was a guy at Merrill. You would say, the market is cheap or overpriced, and he would dig into his bag and pull out a chart. "Actually, it was much cheaper or more overpriced back in 300 something B.C. when the Persian Empire collapsed in the face of Alexander the Grape." -g- MB