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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (31346)	5/3/2000 10:15:00 AM
From: IQBAL LATIF	Read Replies (3) of 50167

<<Wednesday -- 5/3 before the opening bell GE - General Electric -- $161.06; +1.68; optionable (GE): Splits 3:1 on 5-5, effective 5-8. GE showed a doji on Monday after some selling, and then rose off the eighteen day moving average Tuesday, on continued low volume (3.8 million Tuesday). Another stock that made a great move in the last couple of weeks and then headed back down, but GE has managed to right itself and stay above support. We will see if the stock can continue the strength as it moves into its split. Money flow and relative strength are excellent. On a continued move up, June $155 (GEFK) or $160 calls (GEFL) to buy. >>

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