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Non-Tech : General Electric (GE)

GE 307.15

+1.8%

3:59 PM EST

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To: Arthur Tang who wrote (1877)	5/9/2001 8:45:33 AM
From: Arthur Tang	Read Replies (1) of 3256

Chart continues to reveal the average cost of the 85 million shares of shorts, which maintains liquidity in the market. The slight leveling off(the slope) is reaching resistance level(the average cost of the shorts). A breakout is not expected until new investors planned to come in(specialists talk to their customers and potential customers all the time)(hopefully some large pension groups?); then the shorts will be averaged up and a breakout will happen. Moving average cost of shorts up is a slow and patient way(it took a year or two, last splits). Until then, we wait for better earnings and whatever else wonderful to happen.

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