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Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (1382)	8/26/2000 8:31:31 AM
From: Arthur Tang	Respond to of 3256

What a beautiful day and what a beautiful chart on SI, today? If you have a big cash position, you should talk to the specialist and join their cash pool. That will ensure all the stocks put on the market entering a nice home. The value of GE will be solid. Specialist usually has many customers that buy and sell the 7% he handles. Good luck, you may even get a guarantee of 40% gain each year, just like Warren Buffett at Salomon. GE appliances at Walmart will be after the replacement market. Homedepot sells to builders. Circuit city is going out of appliances, last I heard. So, the jury may still be out on appliance sales? Nice moves, so far, after the split; might have hidden upsets? Listening to many professionals, it seems many now discount Greenspan and started to rebuild Dow and Nasdaq index stocks. Broadening will follow, especially, when Greenspan is forced to repair the overnight discount rate damage to large bank such as Chase, where he used to work. Presently, GE moves seem to support this theory. Some one is accumulating then later it moves in a step ladder fashion. If some one else accumulates; will the step ladder go even higher? Will the fundamentals support the ladders; we have to ask Jack Welch, jr?