I think CB got through resistance at the 51.30 area. I see short-term to mid-term upside up to 57.80/share within the next couple of months. This stock is performing wonderfully. The only downside risk is it being sucked in with other "insurance" companies...unfortunately, CB trades in the same funds as AET, UNH, HUM etc. The good thing is that people with brains spot a cheap price on CB and bring it back up. CB has been hitting its head on the 52/share area starting in October 2008. It was support back around May 2008 but only for a few weeks. I think people are starting to wise up that CB is not involved in the real estate/credit market mess and that it is a basic P&C company paying a nice/increasing dividend. WIth no hurricanes in 2009 and the D&O exposure WAY OVERBLOWN...I see CB getting that 57-58/share area within the next couple of months. Mid-term target by next summer is still over 63/share.

Good buy right now...low risk, good yield, not sexy...but dependable...