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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (13236)	4/11/2002 4:00:10 PM
From: gravity rules	Read Replies (2) \| Respond to of 23153

GE sub 30... I'm in lol. What if JNPR misses??? edit shorted at 10.48 low volume.

To: chowder who wrote (13236)	4/11/2002 10:33:26 PM
From: Peter van Steennis	Read Replies (1) \| Respond to of 23153

Bum #3 Do you mean that GE may be a short?? Say it aint so. Could go below $30 quite easily. A lot of accounting issues. Notice they did acknowledge about $2 billion in acquisitions during this last quarter (?). Let me know you thoughts regarding a short and then the bottom. TIA Peter

To: chowder who wrote (13236)	4/11/2002 11:21:36 PM
From: kodiak_bull	Read Replies (3) \| Respond to of 23153

DB & Peter: You know, I look at the GE chart and come up with just one thought: it's not over. For years and years GE had "managed" earnings growth of 13%, it was the stuff of legend and Jack Welch walked on water along with Jesus, JFK and Larry Bird, the holy trinity (quadrinity?). Now, we find out, via Bill Gross and the general unraveling in the post Enron era that, bullsheeet, you just can't grow earnings 13% every year no matter what without using lifts in your shoes, breast implants and a ton of makeup. GE the virgin bride turns out to be a very experienced woman du monde. All those mornings we saw her dress in her simple frock and go out the door humming ("GE, you BRING good things to life!") as soon as she turned the corner she lit a Marlboro, put cherry red lipstick on her tart's lips and started moaning, "B-b-b-b-b-b-b-bad to the b-bone!" But that's all just FA. Look at the chart and it's clear that it's not over. It certainly has begun, but this is a stock which was held by every single decent, God-fearing, Mom 'n apple pie investor/manager in a mutual fund or outside of one. I bet my sainted Aunt Madelyn in Columbus Ohio has a couple of slices of GE, maybe even has the certificates. If I owned it, I'd sell it. I don't think I'd look to short it, but only because there are other ogres in the forest (Merrill Lynch comes to mind for some reason). Would I buy it? Why not? But not here and not without some really good capitulation. Under $30? Maybe even under $20, once they unravel all the earnings. I think I'll watch the charts very closely. Today was one huge, ugly red candle and lots of volume. I'd expect to see at least one head fake rally in the stock on the way down to Blow Off Bottom, and probably another really good hard bounce back down to give slow pokes like me a second chance. One other thing I see: except for shorting this thing, there ain't no particular rush. Kb