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Is GE possilby a tell on what the broader market is going to do? GE down 6.4% now.
Too many bears. Too many people hoping for collapse. Too contrarian
yes I agree, but are ready to go Long a bunch based on that? market is wild and loose here
I agree that the market has lost some downside momentum and lots of people are bearish, but I don't think that alone is a clear cut reason to go Long
Check out bhp
Yes, GE looks like the DOW and SPX with umbrella (rounded tops). Rumor is GE is going to take a massive writedown. Check out the PUTS on GE - wow!
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Is GE possilby a tell
GE
Posted by trade on 12th of Sep 2008 at 01:19 pm
Is GE possilby a tell on what the broader market is going to do? GE down 6.4% now.
Too many bears. Too many
Posted by pepperwu on 12th of Sep 2008 at 01:45 pm
Too many bears. Too many people hoping for collapse. Too contrarian
yes I agree, but are
Posted by matt on 12th of Sep 2008 at 01:51 pm
yes I agree, but are ready to go Long a bunch based on that? market is wild and loose here
I agree that the market has lost some downside momentum and lots of people are bearish, but I don't think that alone is a clear cut reason to go Long
Check out bhp
Posted by pepperwu on 12th of Sep 2008 at 01:47 pm
Check out bhp
Yes, GE looks like the
Posted by dodgerdog on 12th of Sep 2008 at 01:36 pm
Yes, GE looks like the DOW and SPX with umbrella (rounded tops). Rumor is GE is going to take a massive writedown. Check out the PUTS on GE - wow!