GE a good short

Plastic biz is over

 

YOU might think so fundamentally, but the chart says a short here would be no better than a 50-50 guess.

 

We will see. I bottom fished GE for a few years and got burn badly.

Still I bottom fished GE options when GE was @ $5.5 recently. Hope to make a few % back.

 

when going to zero is 50/50 its worth the bet...

 

I think there are stronger stocks to short right now and put your capital to work rather than GE.

 

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GE has been going down since $60/LOL
.Fidelity Contrafund had done very well long tech stocks +''not buying GE.'' Funny but true

 

you are late by 3 years.

 

Should have follow your posts back then.

But I didn't know you then.

What about BA? I am tempted to bottom fish BA. Old habits die hard.

 

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Have not had a chance to study that one lately;
SPY/QQQ/tech l,ooks stronger than i thought /this week............................................................................

 

If so, I will buy TQQQ, if QQQ goes up I print money.