Judy,
do you subscribe IBD ? Steve told me long ago to watch daily changes on the industry ranking ...
As for GE, dont think the retracement would be higher than 66-67 - it is in a clear downtrend - appliances were not their money maker - GE Capital (the financial business) accounts 1/3 of its profit, then NBC accounts for anothe big trunk, the rest comes from jet engines, power plants, medical equipments, light bulbs, appliances, etc etc never really try to figure it out - it itself is a mini version of our economy ...
As for your refrigerator, Amana is the best, never GE, and there is another name I forgot, only available for custom designed & commercial kitchen ... |
