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Non-Tech : Kirk's Market Thoughts
COHR 181.85+2.0%11:40 AM EST
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To: Kirk © who wrote (2282)11/19/2014 11:42:11 AM
From: Fintas2 Recommendations

Recommended By
Kirk ©
toccodolce

   of 26769
 
RE GE.

BIG STOCK. BIG FLOAT and as I monitor it.. The RSI on that one is now starting to turn a bit. Stock pushed past the 27 the other day and POSSIBLE ending the downside of under 24.. That would suggest any pull back if an opportunity to enter.

As a long..I've played the game of hold core and sell covered calls when it was obvious the stock was a bit ahead of itself and BUY calls when they took it too low. There have been handful of opportunities.

Here and now the UPSIDE offers 100% but NOT TOMORROW.

The divi is strong the FA continues to improve and it's foot print spreads into areas many are not familiar. 3D being one.

GE offers those who are stepping out of a DIS a place to go OR a WALMART or any up to high.

I can see the up to RSI 1.03/1.13 and here's where it get good. 1.35 ish and 1.65.. OFF a .83 well ok there. 50 to 100%..

That supports filling the gap at 29.16 34.02 where there are gaps to be filled.. But beyond that takes it to 42. 30 ish? 2007 highs and you can see where I'm going re though process and %.

So I'm not selling. And I'm not writing covered calls here and now. I'd like to buy some calls in the 1k to 5k c and 30's.. BUT it's GE and I've watched them play with those OEX. SO I'll just hold and like you try to sell any core if it warrants to then buy aother lower that I am COMFORTABLE.. Or as stated JPM in the 44 area but CALLS.. OR add to BAC via CALLS.. Both have JUICE to the up.

Fintas
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