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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Ocote who wrote (10906)	1/20/1998 2:15:00 PM
From: Dave H	Read Replies (2) \| Respond to of 79274

Ocote, What's your take on GE? It's extremely close to throwing a sequential "low risk" sell signal (probably tomorrow, given close today is greater than or equal to 74 1/4, and then tomorrow greater than or equal to 74 13/16. Both of these targets are very doable.) Being part of the DJ-30, it could be an ideal candidate to short if the Dow is indeed goin' down. However, I do wonder if the Dow is going to delay Doug's forecast this week...TC2000 shows moneystream & TSV turning positive. We could be looking at another Dow rally. Jim S. on the SWAT threads sees strength in the dow & markets at this point. Well, let me know what you think re: shorting GE in the near future.... -dave