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

To: M.A. Miller who wrote (607)	2/3/1998 11:31:00 AM
From: Gerald Walls	Read Replies (1) \| Respond to of 4155

Any technical guys have a view as to what this or another chart says about CNC stock price moving forward. I'm a novice at TA, but I'd expect a mild pullback if no news overrides the technicals. Note that CNC put in a hanging man on increasing volume right at the top bollinger band. Any stalling here will cause %K to cross %D downward above 80, a sell signal. Also momentum is substantially above 0, a sign of being overbought. On the bright side, RSI is not yet overbought. CNC's been so quiet lately that they're probably finishing the set up on a deal. I'm going to hold on to my shares. This is purely my speculation and I have no inside knowledge.