Humana Inc Will Go Higher Says Market Timer Frank Kollar

September 6, 2006 (FinancialWire) (By Frank Kollar)

Shares of Humana Inc (NYSE: HUM), a health benefit company with approximately 7.0 million members in their medical insurance programs, as well as approximately 1.7 million members in their specialty products programs, continue to rise. But this high flyer has been unable to make a new high for the past two weeks.

Humana is now at a critical resistance. Fib resistance, if surpassed, usually results in the next resistance level being reached. The $61.66 resistance level was reached two weeks ago and Humana has held just under it since.

If this price is surpassed, expect Humana to jump to $67.15 in the following weeks.

Frank Kollar has been timing the financial markets since 1982, with online service since 1996. He is a dedicated trend timer and his strategies exited the markets before the crash in 1987 as well as the bear market in 2000 through 2002. During the 2000-2002 bear market, his bearish positions resulted in gains exceeding 100 percent, all achieved by trading trends.

Kollar’s research has shown that the financial markets are in tradable trends approximately 80 percent of the time. FibTimer strategies define trends and trade them in both advancing and declining markets. Caring nothing about what newscasters say or what the latest economic indicator predicts, trends are where the profits are, and that is where FibTimer is.

Kollar is editor and chief analyst at FibTimer.com (http://www.fibtimer.com) which offers market timing strategies for S&P and Nasdaq index fund traders, as well as bond, gold, small cap, sector, ETF and stock trading strategies.

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