Does anyone else think this is a suckers rally?

Quote from steeldust:

the insurance comps can then raise rates,not just for that area but all areas. they probably come out ahead in the longer term.

oh, i'm certain insurance companies will not come out this with many bruises. i don't typically shed many tears for insurance comapnies :D

but, like you suggested, someone ends up paying for it ... especially John Q

take care -

omni
 
Quote from sputdr:

6 dollar gas in Atlanta.

A major city in the US totally destroyed.

Somewhere near a million people displaced.

I just can't see how this could be anything but bad news.

This reminds me of post 9/11 when people were saying it's unpatriotic to sell stocks and then the bottom fell out.

I wonder if we get a delayed reaction like a previous poster mentioned.

Yes, bad news, but old bad news....

Nick
 
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