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Non-Tech : General Electric (GE)
GE 299.81+3.9%Dec 12 9:30 AM EST
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To: Dennis who wrote (1777)3/14/2001 6:00:02 AM
From: Arthur Tang  Read Replies (1) of 3256
 
Rally is due to oversold when NYSE market crashed on GE. Cash is king on Wall street, they only hold stock for their good customers(Barnum and Bailey terminology).

I did not buy any bargains last week of year 2000, which I normally do and would have sold before March 15 for 300% gain. Now, I am waiting for the last week of year 2001. Otherwise, I am in money market funds, instead of risking double digit gains(30%).
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