we've had a series of higher highs over last few months to where we are today. we already posted a higher high and higher close than previous peak 12/10/07. if it collapses here, then maybe a dble top is vuable but its already gone thru the last high. imo, $50 is an emotional anchor price, that has no special meaning other than its a nice round #, half of $100. i dont see a fundamental or technical reason to be short. fyi, we are about to get a flood of new money (this is primarily owned by the hedge funds)coming into name. funds want h.c. exposure. where is h.c do you have clarity w/obamacare: mco's, hospitals, pbms, devices???
plenty of time away. i agree. but the governmt is the most reactionary contra-investor there is. in several cases (like mco's) its a binary event risk.
not allowed to deny (or charge a higher rate) any applicant based on condions?? DC doesnt even know what insurance is, never mind the pool is signf smaller as co's opt out so the risk cant be spread in this scale bus.
health insurance will soon be looking for TARP money.
but i digress. i like LIFE on both its funda. and techinical merits.