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Joined Apr 1, 2010
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The Double Indemnity Trade Still On

Robinson, Edward G

Even as marquee tech names cool off today, insurers remain firm.

AGO is a good example, with the daily chart flagging high and tight, coupled with strength today. Let’s see if a move through $24 can hold now. (Hat Tip: superocean9 inside 12631)

Other insurers to watch including MET PRU.

Even a mortgage insurer like RDN is exuding some relative strength today to the tape.

If the broad market can shake off today’s lethargic action. I suspect insurers will continue to attract capital.

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AGO

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MET

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4 comments

  1. SpeculativePig

    Been holding HIG since 32, huge volume pocket and its bumping on the top of its range, do you like it @Chessnwine?

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  2. flicker

    Great pic of Edward G. What an actor and mobster.

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