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Non-Tech : General Electric (GE)

GE 317.87

-2.2%

12:21 PM EST

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To: muddphudd who wrote (2049)	10/1/2002 8:48:46 AM
From: Wally Mastroly	Read Replies (1) of 3256

mudd, marketwatch.com GE - & the overall market - look like they are re-testing/resetting new shortterm lows. Despite Merrill jumping (link above) on the downgrade bandwagon yesterday A.M., it looks like there was some buying interest as the day went on - especially in the afternoon. Perhaps approx $ 23.50 level triggered some computer target trading (by institutions)? finance.yahoo.com In any case, I agree that yesterday mornings prices sure looked tempting. Almost did some nibbling myself - but never pulled the buy trigger. GE 3Q earnings do out on/or about 10 October (my guess). Obviously they will get a lot of attention/scrutiny. Still don't believe that the market has found a "final" bottom. I'm still in a watch & hold mode. - FWIW: biz.yahoo.com

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