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Non-Tech : General Electric (GE)

GE 289.71

+0.4%

1:57 PM EST

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To: Captain Jack who wrote (1763)	3/13/2001 7:56:19 AM
From: Arthur Tang	Read Replies (1) of 3256

Yesterday's action was described on the analysis class for beginners thread. Which is before March 15, the market will be cautious about the tax payment liquidation before April 15. Only beginners will put in stop loss orders ahead of time so that the market makers will take them out by reach down with the bid offers. You have to be diligent to do the liquidation yourself on the same day. Stop loss orders will predict how low the stock will go down. GE chairman can check with the specialist to find out where and how many stop loss orders are priced. Good Luck with this round of pull back. But it happens every year and just look at last year's pull back? In reality, this year many people will not be paying much taxes to have to liquidate some favorite stocks.

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