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In a message dated 5/14/99 1:37:20 PM Eastern Daylight Time,
ericrogers@xxxxxxxxxxxxx writes:
<< 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.
>>
good morning all
before i enter a long or short position i also look at the technicalls of
aol,, ge,, and
ibm
if majority on sells then i short heavy 8 contracts
if only some on sells i short just 2 etc
by sells i mean macd sell and rsi sells
happy trading
Ben
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