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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (111)10/20/2004 12:46:58 PM
From: kodiak_bull  Respond to of 13449
 
Snowshoe,

Almost all of my snowshoeing is done in the trees, but I am careful of avalanches in my back country ski activities. Somehow getting folded into thirds like a pretzel and not dug up until summer can just ruin the whole trip.

Thanks for the Cramer article, maybe DB will chip on Cramer's view of these companies. Uncertainty is danger and opportunity, that we know.

Kb



To: Snowshoe who wrote (111)10/20/2004 3:40:17 PM
From: chowder  Respond to of 13449
 
I spent most of my adult life in health insurance sales. I hated AET as a salesman. They paid some of the lowest commissions and constantly took benefits away on their policies to try and lower rates.

Lower rates sound good, doesn't it?

That isn't how it worked in the real world with the fickle consumer. The consumer wanted lower rates with the better benefits and when they didn't get what they wanted, they would drop the policy and take one out elsewhere, even if the other policy were inferior. Then when they filed a claim with that company, and found out the coverage wasn't as good, they'd try to get their old policy back and couldn't. Why? Pre-existing conditions now. They just filed a claim.

AET's performance over the years was much better as a stock than it was at providing decent policies for the salesment to earn a living with. I remember when AET was $20 and I let my bias against them keep me from investing in them. Dumb move. Should have looked at the charts but then I didn't know how to read the charts back then.

AET has now bounced back over the 200 day moving average. Let's see how she responds to this support level in the coming days.

stockcharts.com[h,a]daclyiay[pb200!b20!f][vc60][iut!Lc20!Lg]&pref=G

dabum