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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: gronieel who wrote (40672)11/20/2008 10:21:32 AM
From: Kirk ©  Read Replies (1) of 42834
 
Didn't you say GE is like a mutual fund?

What fund was that, TEFQX?



I recall trying to get my parents to sell half their GE in 2000 when it hit $60 and the work I was doing as an analyst said it was over valued by a factor of 2 relative to the S&P500. My Dad said "Brinker says it is like a mutual fund and you can have up to 20% in it."

Today GE hit 12.65 as it seems to be trying to imitate TEFQX. Sadly, I bought some at higher levels, but not anywhere near the top. It seems to be dropping just like the banks.

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