Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (22921)	12/16/2000 10:13:57 PM
From: Ken W	Read Replies (2) \| Respond to of 29382

Sergio: Since Ditch is going to hide for a little while. I have to get my 2 cents in on GE: 207.61.23.98 I think you are correct that there may be some bounce on the stock this next week at least to fill part of the gap, but (and I'll be gentle here) The stock is at a critical spot here. The 50dMA is just about to cross below the 200dMA...the price has preceded the moving average, which is a sign that things are not well in GEville. I realize that the market has been crappy the last 3 weeks, but once the snow ball heads down hill....well, ask your ski professional what happens. <GGGGGG> siliconinvestor.com GE gave off a short term sell signal in OCT. Slowly, but surely it will work its way down to 36, before any long term support will kick in. Ken