Developments

                                              
                                                 
Bad day for banks and insurers:          
BAC, USB, ING, CNO all fell to   
new 52-week lows.  DJIA 7365.67     
but Obama administration made it   
clear that it supported private banks  
and government regulations.     
                                   
BAC  3.61O 2.53L 4.09H 3.79C --     
so there was a second V bottom.    
                                  
USB  10.20O 9.71L 10.98H 10.58C --   
one of this nation's best banks.  
                            
ING  4.92O&L 5.89H 5.20C           
                                    
CNO  1.25O 1.03L 1.50H 1.31C         
                                    
*                              
                                
WCG and GNW are two more insurers  
but their 52-week lows are much   
lower than their lows today.          
                                
WCG  10.94O 10.63L 14.05H 11.05C    
                                     
GNW  1.43O 1.30L 1.59H 1.47C              
                                         
*                                  
                                     
ABX and FCX are mining stocks and  
CSCO and ILMN technology stocks --
these four went up.                 
                                  
ABX  37.55O 35.50L 37.73H 36.89C    
                                    
FCX  27.52O 27.08L 29.19H 28.78C    
                                   
CSCO  15.00O 14.88L 15.34H 15.08C     
                                   
ILMN  32.28O 31.74L 33.39H 33.08C       
                                        
*                                   
                                  
ARNA  5.20O 4.83L 5.24H 4.86C                
                                  
LUFK  34.17O 32.93L 34.91H 33.98C        
                                        
                                         
                                       
                                 
                                     
                                    
mr00013