Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (11509)	12/13/1997 11:06:00 PM
From: Joan Osland Graffius	Read Replies (1) of 94695

bearshark, I did some more looking at GM. The stock has a monthly lower low, a weekly lower low, and a down tick tomorrow we will have a daily lower low. We have already had a short covering rally at the 150 day moving average. It sure looks like a short to me. Fundamantally this sector should have problems with currency and competition from asia and in SA. Can you think of any reason GM should be able to increase earnings and revenues short term? Joan

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