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Re: Food For Thought



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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