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


To: JM who wrote (613)2/6/1998 2:53:00 PM
From: M.A. Miller  Read Replies (2) | Respond to of 4155
 
Short Covering? I think so. Question is how much more will occur. This move could continue up through earnings to $50. I'd love to sell my options but I kind of hate to miss out on more run up and the potential that the GE rumor could be true.

But, with options, I've learned to take your best gut feeling profit as early as possible, and hope you can buy in at a lower price.

$47 seemed to be strong resistance but now we're through it. How can this be when the chart guys were saying CNC looked terrible and was heading to low 30's. Oh well, that just verifies what I thought about chart guys. Some good ones, some bad ones.