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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (42727)	3/3/2001 2:05:04 PM
From: JRI	Respond to of 42787

Actually, always good to hear that....If my post seem to disproportionally weight others vzv GE....I gave the wrong impression...I am very aware of the significant of a GE breakdown (vs. others in Dow/SnP), and the "collective" breakdown of Dow/SnP and Naz. vs Naz alone...we are close to a pretty bad Perfect Storm here (throw in Nikki and Euro-markets too..) BTW- CNBC's ratings HAVE to be taking a hit either now or soon.......and, I would think by extention, ad revenue (if not now, in the coming months)...since CNBC has been a pretty big profit center for NBC, I'm sure NBC's results are going to look worse going forward...especially if bear/flat market (w/spikes of course) continues for quite sometime.....although NBC is likely a pretty small part of the GE pie, just another hurdle for GE to overcome (in addition to Honeywell, etc)

To: AllansAlias who wrote (42727)	3/4/2001 12:06:19 AM
From: sandeep	Read Replies (1) \| Respond to of 42787

AllansAlias, you hit the nail right on the head! Just because other charts are bad, doesn't give a break to the chart of the stock you are following. I made the same point on msft thread. The fact that an attempt was made to generate a positive signal and it failed is very bearish. I see the same problem with GE. I am afraid that testing the low is in the cards, and this time it may just crater through it. Jack Welch is getting old and will not have enough time to make sure than HON is integrated well. Lately, he just sounds like he is a whiner in his old age, god bless him. When investors realize that, they may just get out of the stock with the uncertainties ahead. I think the chart has just started capturing that uncertainty and the downtrend has started. Of course, this has happened to GE many times over the last 4 years and it has always survived and gone higher...