"It makes me laugh that traders can make their buy/sell...

"It makes me laugh that traders can make their buy/sell decisions for an insurance company on charting trends."

In the chart below i have highlighted some major trends over the last year. Red dots represent sell's, the green dots are buys.

Now, would you buy this stock on any of the red dots looking at this chart?

Technicals affect all companies wether they are insurance or not, its psychologically how humans work as a group. Traders see that Mar12 double top and the company is a sell, similarly, stock hits the top of an uptrend channel and its a sell, when it hits the bottom of that channel its a buy.

Of course, you could have always bought it back in Mar12 and held all this time for a 30% loss..

I would say...

It makes me laugh that anyone would ignore technical buy/sell signals regardless of wether or not they are insurance or not.