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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Libbyt who wrote (11524)	5/16/2001 2:26:56 AM
From: Augustus Gloop	Read Replies (1) \| Respond to of 15481

Well........The chart looks nice where it broke a quad top and the BRL at 48. The bullish PO is 77 based on its recent action. It would be nice to pick up on some sort of a PB but the company is solid and the earnings picture seems to be ok for now. I think it's just fine to take some down here but I would like to be buying in the 45 area myself. The stop is a touch deep for my tatses at 36 but what the hell. I think GE has a fine, solid pole. Jorj.....your thoughts?

To: Libbyt who wrote (11524)	5/16/2001 2:32:03 AM
From: Jorj X Mckie	Read Replies (4) \| Respond to of 15481

L, GE is a POS company that wouldn't know how to turn a profit if their customers threw money at their feet. They don't know carp about diversification and can't seem to figure out what the mainstream buying public is interested in. Like Gloop said, quad top break is good, but looking at the 2pt chart, we may get some resistance in the $54 area. If it hits $55/56, we could be looking at a blue sky breakout. I like it on a pullback to 47ish. But it is a tough call if it gets there. stockcharts.com