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Non-Tech : Kirk's Market Thoughts
COHR 198.51+0.4%Dec 11 3:59 PM EST
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To: Kirk © who wrote (4817)5/25/2017 10:08:40 AM
From: robert b furman1 Recommendation

Recommended By
Kirk ©

   of 26763
 
Hi Kirk and RD,

Ge looks more like a flag than a dome and a house (to me).

GE has gone thru a long divestiture of financial instruments (floor plan, and real estate).

These funds have been reapplied into tech, trains, and oil and gas investments - more aimed at manufacturing and industrials.

A long term change in direction.

I would think with dividend increases and a continuation of the global reflation trade - higher prices would be more in line than a top roll over (like three peaks and a domed house) - but that is what makes a market.

As the yield increases, the dividend ETF's will surely be buying.

Bob
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