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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: james223 who wrote (1542)7/3/2000 5:23:27 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 4155
 
james223:"What do do in the future? " Before you do anything, think:

You are buying General Electric for 10 bucks.

:-))

just kiddin'

back later

TA

Message #1542 from james223 at Jul 3, 2000 2:20 PM
I don't know what this trading pattern looks like to anyone else, but in my opinion I think that we might get to 14 or 15 by the end of next week or sooner. It appears to me that with the heavy buying pressure and the likelyhood of margin calls to shorts (as well as just plain short covering) we might be setting up a gap upward on the opening on wed. or thurs. If this happens we might go above 14 or 15 by end of next week. If we do see 14 or 15 in the near term I'll be getting out then, because I personally think this will be too much too soon and that we will probably see a pullback from those levels. If these things should come to pass then what to do then?
Should a person just take healthy profits and move on or get back in after it pulls back some? Stock was a screaming buy at 5 and 6, but what to do in the future?

..