Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (3045)

3/17/2019 1:49:28 PM

From: Fintas

1 Recommendation

Recommended By
toccodolce

Read Replies (2) | Respond to of 3256

I wrote this on 2/28/19

To: Kirk © who wrote (3045)	2/28/2019 2:46:06 PM
From: Fintas	of 3068

I've said in the past GE miraculously tends to fill gaps up. Is this time different? Especially with the analyst who led the way down putting up a hit piece? TWT. In the meantime one can just dive in blindly if they want to buy it or consider downside possibilities as they look at the gaps up, or where your chart draws lines with % ratio's. In the end, I'll just watch. I do lean those gaps up will be filled. Fintas

So just a reminder I'm expecting those gaps up from below are going to be filled.

I've also suggested I expect Ge's RSI chart that is now in X's. Which as I stated long ago would result in a 40-50% move off the low would be seen. HMMM 6.66 to 11ish.

BUT I'm also now saying I'm expecting those X's to turn to O's and for that to happen GE needs to drop apprx 10% or less as the divisor works. PRICE/SPXEW X 100.

Simple math would say 9.91 x 10% and there's the .99 cents and the 9. But I'm also on record that rarely does the RSI just turn down in 3 O's but more. Throw that in with my strings of 9.72/8.10/ less .54 a derivative of the 1.62 and there's 7.56. If that seems to align with anothers work then all it means is numbers are numbers and it how one puts them together. The more that align the better the predictability.

Keeping in mind I'm all for taking GE to 1. WINK.

I'm just not holding my breath today as I was many months ago when MANY were pounding the table that GE was in trouble.

Some suggest Crisis. Hardly.

If it was it would have gone BK which was never going to happen given it's intellectual and other.

So when playing this game. Do your work to fully understand a company and that goes well beyond candlesticks or X's and O's. IMO

So why do some do the it's going to Zero.. Going towards Zero going to 1/2/3/4 and recently going to retest the 6's by MR Tusa Sp?

Cuz they have an agenda. They know GE is going to survive and one day turn up again. They just want to steal the shares. Remember 6.66 to 13.22 is 100% 7 to 14 is 100% 9 to 18 is 100%. Yet where it gets interesting is 7 to 21 or 28. or 8 to 32.

One more thing, do not IGNORE the incentives offered this new CEO and the timeline and price.

He KNOWS the details and the timelines to get GE to his pay day.

A good turn around CEO is like watching a good quarterback in the 2 min drill. They know all the weaknesses of their team plus the strengths and they also know the weakness of the opponent as well as how much time to the next quarter or earnings statements.

I present that for any who do consider CALL OPTIONS and time. I do.. Just not yet. But a 10 for 1 and to 16 =?%. Understanding how that 10 can go for 1 and also do the 16 is where it takes skill and a bit of luck. IMO. OH and it's no accident I highlighted the 1's in red. There are ways to buy GE for 1 and if correct do very well. NOT a buy recommendation for anyone. Just what I consider as I look at MANY stocks. Remember JPM is on my watch list for my downside for the possible CALL play that over time JPM has proven to kick the poop out of many when one can catch it. IM experience.

Fintas