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


To: AK2004 who wrote (3144)9/25/2000 1:39:07 PM
From: Kevin Podsiadlik  Read Replies (2) | Respond to 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.



To: AK2004 who wrote (3144)9/25/2000 8:05:15 PM
From: Tunica Albuginea  Read Replies (3) | Respond to of 4155
 
albert, a wise perception: " it means kevin that you're in
your own world out there.".

How true......unfortunately...
kevin was first looking for BK, that didn't show up
then he looked for No Restructuring and that never materialized
then he said " well for sure they will not be upgraded " and
he was wrong again.

The only good thing that came out od all this is that I have been
able to locate kevin, at La Mancha, in Spain.There he goes
by the name of Don Quixote and he has been sighted
numerous time by the local short peasants tilting at windmills.
This means that we can now assist him and take him to
approriate psychiatric therapy,

cheers

TA

==================

you said

Message #3146 from albert kovalyov at Sep 25, 2000 12:17 PM

Kevin
predicting stock price especially in the volatile environment as now is hard or rather impossible. Everyone was
talking of nasdaq crash just few days ago. I do not know what the price will be tomorrow, it could 10 or it could
be 5 but what I do know is that cnc is heading in the right direction and that wendt is delivering.
It makes me more comfortable with my long position and should make you less comfortable with your short. If
the news did not make you less comfortable with your short position then the only thing it mean is that you're in
your own world out there.

:-))
Regards
-Albert