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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Da Rookie who wrote (5566)2/26/2018 12:00:16 PM
From: Kirk ©2 Recommendations

Recommended By
berniel
rdkflorida2

  Read Replies (1) | Respond to of 26710
 
A lot of us were fooled by GE. It is one reason I have a diverse portfolio...

It makes you wonder why I pay so much f'ing taxes to all these government agencies and we can't get protected from simple things like CEOs and underlings lying to the SEC.....
GE to restate earnings, thinking Da Cheif was way ahead of himself.

I hope it doesn't turn into another Worldcom, Waverider, Valence, etc. for him.... he was way ahead on those too. Important lesson is nobody is infallible, diversification is very important and CEOs lie.



To: Da Rookie who wrote (5566)2/26/2018 12:04:38 PM
From: Kirk ©  Read Replies (1) | Respond to of 26710
 
Looking at the charts... major bottoms are best tested several days to weeks later and a slightly lower close on lower volume would be a good sign of running out of sellers.