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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (46152)3/2/2000 11:43:00 AM
From: sandeep  Respond to of 94695
 
GE is not a short right now. The split (3 for 1) is coming near the end of April. We need to watch it. If it takes out 133 on a double close, it is off to the races. If it falls below 125, it is a short.

Today, there is no point in shorting a stock for a gain of 5%, is there ? You could buy any NAZ stock and make more money than shorting GE (for a trade that is).