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No. of Recommendations: 3
The Insurance Sector is already in Stage 2. This is a sub group under this sector. I am using IBD Insurance-Brokers group. There are 10 stocks under this group. I created a surrogate chart using EdMay's (Thanks to EdMay) Excel sheet. Stocks which I picked for the surrogate group are:
AJG
WSH
BRO
MMC
HRH
AOC

Please look at the Group chart and you can see the index is working on stage 2.
http://home.attbi.com/~spushparaj/images/charts/InsBrokersWeekly.gif

All the stocks listed above except AOC is already in stage 2. AOC is just entered stage 2 by breaking out of H&S pattern.
http://home.attbi.com/~spushparaj/images/charts/AOC-Daily.gif

All the other stocks listed above for e.g. AJG, WSH, HRH also giving nice entry points after pulling back for a while. These stocks have less overhead resistance than AOC.

Pushparaj
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