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Re: Food For Thought



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THis is what several guys on the street have been saying. GE is it. BUt,
I am not sure. Too much a financial services play.

-- 
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com



"Norman E. Phair" wrote:
> 
> 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.

-- 
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com

Tel: 201-995-0845
Fax: 201-995-0846
Email: swp@xxxxxxxxxxxxxxx