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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (20370)	11/13/2017 4:37:44 PM
From: Fintas	Read Replies (3) \| Respond to of 33421

John P: Re GE and those charts you presented. Since I'm into details. I know ol GE was 42.12 ish in OCT 2007. So I'm not seeing it reflected in the applicable charts so there must be? Just saying. What to do with this large cap? BUY when the blood is running in the streets. IMO Just don't get too greedy to the downside. Fintas

To: John Pitera who wrote (20370)	11/14/2017 11:41:36 AM
From: The Ox	Respond to of 33421

While it appears to be en vogue to talk about how negative everyone is on GE, I'm seeing very little about the kitchen sink type statements the company made on Monday. The bar is getting set pretty low in comparison to what it was even 3 months ago. Certainly, I'm not suggesting to run in front of a freight train but to watch for signs of a reversal going forward. It may be dead money for a while but the increase in volume associated with this substantial % drop in stock price may be an early indicator to see if there is a bounce looming. I just looked at the stock and it may be making a move here....we'll see...