Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 40.01

+0.3%

Oct 31 3:59 PM EST

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To: AK2004 who wrote (3144)	9/25/2000 1:39:07 PM
From: Kevin Podsiadlik	Read Replies (2) of 4155

Here's how I look at it, your mileage may very. In the past week, two scenarios that the shorts feared actually materialized. Last Monday, CNC managed a print about the magic 10 level, thus technically breaking resistance. This weekend, CNC has successfully engineered the news release on its debt reorg such that the good news was front loaded and flashing out all weekend while other shoe remains undropped even now. In a market such as this one where momentum is a big deal, both of those events should have, in theory, popped CNC considerably. They did not. I've financially died at least three times over in the future predictions of longs on this very board. Yet in reality I am still very much in this game. If that's not something to be encouraged by then you tell me what is.

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