Conseco Insurance (CNO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Conseco Insurance (CNO)

CNO 41.07

+0.4%

1:31 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tunica Albuginea who wrote (1676)	7/10/2000 9:29:57 AM
From: Kevin Podsiadlik	Read Replies (3) of 4155

Thanks for all the backup material. Investorpedia: "As the stock comes up to test the old highs..." Sorry to point this out again, but 11 3/4 was in no sense of the term an 'old high'. Haiku: "The stock rises to a peak, then falls, forming the left side of the cup" In CNC's chart, the left side of the "cup" is simply the acceleration of a longer-term downtrend. There's a natural tendency to dismiss whatever the stock was doing prior to the formation as irrelevant since it's neither part of the cup nor the handle. But I'm afraid it just doesn't work that way. Beware of doing TA with your head tilted at a 45 degree angle.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next