Since we're all gonna suffer imminent doom, you can't help but sit back and laugh at GE stock tanking while CNBC talking heads bitch and complain about their diminishing 401k values. GE stock is down to $17.50. Didn't some major investor buy at the $22.50 range not to long ago? On a side note, what's up with HIG?
you just knew it was only a matter of time before GE broke that 25 support and now its probably gonna bottom around 16. Actually looking at the chart you can tell that it is very oversold on a weekly basis. Will probably move back towards 25 if there is a rally but then turn back down and make new lows. Ouch.
Ge will retunr to its glory days very shortly in the mean time buy FXI, FSLR, BIDU, V, MA, RIMM, and AAPL the next bull market will begin very soon you don't want to miss it!!!!