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To: Shack who wrote (8861)8/3/2001 8:01:16 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
re: GE bearish alternate

Well, I just thought about it for a few minutes and the easy answer is that GE tags $40. That would be 162% of the the first leg off the top (the leg labelled 'A' on that chart) and a 78.6% retrace of the entire move off the lows -- quite a decline.