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A friend suggested I look at GE as the new bellwether
stock for the market.
AS of yesterdays close:
the S&P cash was down .06% from the high.
GE was down 6.9% from the high.
Has anybody out there done any work in this area with
GE or any other bellwether stock? It used to be GM.
GE is a big component of the
S&P cash.
I took a cursory look at it and it may have some merit
on tops but I could not see that it had any value on
bottoms.
Norman E.
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