health insurers getting decimated

Discussion in 'Economics' started by chewbacca, Mar 12, 2008.

  1. how does an entire profitable industry lose 30% market cap in two days?

    the charts of the health insurers look like subprime mortage stocks right now.
  2. avarus


    Perhaps a paradigm shift based on election prediction. Also, lots of folks cancelling their private health insurance with the notion of democrats taking power. Those in the know of subprime mess were short long before the drop. Lots of big swingers were already positioned based on statistical data which the common retail trader and investor don't have access to or able to afford or justify cost of subscription.
  3. avarus


    It's not all in the charts.
  4. 4 out of every 5 fund managers that have been on CNBC over the last 2 months have said they are buying "Health Care and Consumer Staples". It's like they were all reading from the same script.

  5. avarus


    Glad to see I was not the only one who caught that.
  6. Bowgett


    Does anybody know ETFs that hold Humana and other health insurers?