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

To: M.A. Miller who wrote (614)	2/6/1998 3:44:00 PM
From: M.A. Miller	Read Replies (2) \| Respond to of 4155

Somethings up. I don't think this is just short covering. 3:45 p.m. up 2 1/4

To: M.A. Miller who wrote (614)	2/6/1998 9:15:00 PM
From: PuddleGlum	Respond to of 4155

MA- <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. > I nearly sold half of my position a few days ago because of what looked like a sick chart, but hung on because I really like the company and figured I should at least wait until earnings came out. Charts obviously don't foretell the future, but they do exhibit some common patterns, and CNC was showing weakness on several accounts. Quite a few months back it showed a rounding top, which is another danger sign, and it pulled out of that rather smartly. Charts sometimes help, sometimes hurt, but my experience is that they improve one's odds. Fundamentals are also useful, but I've seen plenty of great fundamentals suddenly look twice as good when the stock price got cut in half. I've owned CNC for several years, long enough to see at least two splits. I hope not to sell it for a few more years, but I will if the situation is right. Steve