Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (9270)	8/2/2001 12:32:52 PM
From: James Strauss	Read Replies (2) of 13094

Is GE Sending A Bearish Signal??? *********************************** GE has over a 90% correlation with the S&P 500... So, why is it showing negative divergence at this time?http://stockcharts.com/def/servlet/SC.web?c=ge,uu[m,a]daclyymy[pc13!d20,2][vc60][iUk14!La12,26,9!Lg!Lf] The EPA decision regarding the Hudson River dredging is already accounted for on the books... It amounts to about 1/2 cent per share... So, that can't be the drag... Maybe it's the coming departure of Jack Welch as Chairman and CEO... But, the market already knows that... So, what is it... Until that becomes clearer, it puts a cloud over the Dow and S&P... Jim

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