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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (33769)	3/8/2002 3:42:37 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

15:38 ET Market fade blamed on GE 10-K : Trading floors blaming concerns over receivables and financing exposure to SPEs (special purpose entities) raised in General Electric (GE 40.40 -0.55) 10-K filing for late session decline in the DJIA. Hearing that Dow Jones reporting that receivables held by special purpose entities rose from to $43 bln from $31 bln and that GE would support SPEs should rating fall below AA-... GE has fallen about 1.10 pts over the past hour, and is currently trading just off its lows of the day. the freep