Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Berney who wrote (13501)	8/2/2001 6:29:31 PM
From: Captain Jack	Read Replies (1) of 52237

Berney-- LOL! If I could pick a bottom I'd not be here more than a month. I had a bunch of GE from very long ago. The stuff hit the fan but my trailing stop pulled me out @ 54. Was able to load from 37+ - 39+ and a little at 40&change after the hit. Sold most as it came off 50. Looking HARD to get back in but do not see any legs yet. No strong buying going on.. HOPING to replace it all plus add a bunch under 40. Nothing says it will get down into 36 again soon,,, but certainly nothing indicating 50 soon either. The trend remains down and the direction of least resistance is down... what can put a floor under it other than getting close to the 52 week low? I NEVER thought I'd be looking at GE as a trading vehicle but it has certainly been better than holding even considering the tax bite--- but 20% ain't so bad,,

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