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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (11600)7/9/1998 3:54:00 PM
From: Chris  Respond to of 42787
 
ge trade exit was excellent.
mkt down 90? geesh.



To: Chris who wrote (11600)7/9/1998 3:56:00 PM
From: Chris  Respond to of 42787
 
naz and ndx still up.. that is good.
dow, i expected some pullback (not this much though)



To: Chris who wrote (11600)7/9/1998 3:57:00 PM
From: Chris  Respond to of 42787
 
notice when the DOW goes down, banks go down.
when naz goes up, techs go up (we all know that one) <g>



To: Chris who wrote (11600)7/9/1998 4:04:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
couple thoughts on GE exit:

1) i was lucky.
2) i noted that dow was weak the whole day and chances GE (a dow stock) running AGAINST DOW was slim.
3) earnings came out (no more unknowns. news is out).. how much more rally left after news is out
4) GE has made its run BEFORE earnings released. so, much of the power is gone.

==========
thus, i exited.


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