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Here is the PROOF... Why you cannot believe

Started by SemiBizz , Apr 11 2008 10:42 AM

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22 replies to this topic

#1 SemiBizz

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Posted 11 April 2008 - 10:42 AM

This friggin denial going on ...

First you had the Bear Stearns guy, saying he didn't know until Thursday of that week that they were insolvent.

And Bernanke saying he just found out about it 24 hours before..

Now Immelt says it was only the last 2 weeks of March that were weak, out of the blue...

Meanwhile did you notice GE's Stock ran all the way up to 38 in those same 2 weeks? :angry:

http://bigcharts.mar...&mocktick=1.gif

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Volume is the only vote that matters... the ultimate sentiment poll.

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#2 humble1

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Posted 11 April 2008 - 10:47 AM

yeah, he was pumping it the whole time to get it up surely knowing it would take a big hit on earnings. he made his buy very public and urged others to do so by strong implication. i say: GE IS A SHORT RIGHT NOW JUST LIKE BS WAS ON THE DAY OF THE NEWS !!!! look at GE churning at support as your chart shows. by the close, GE WILL EAT THROUGH SUPPORT ! SHORT GE IN SIZE !! I AM !!! IT IS WORTH THE GAMBLE, IMHO .

Edited by humble1, 11 April 2008 - 10:47 AM.

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#3 skyymaster

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Posted 11 April 2008 - 10:52 AM

Just got a spam mail that APPLE is going to double. One of those advertiser that promise Gazillion dollar returns. I was so happy to hear this news. Because I am short apple leaps :lol:

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#4 humble1

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Posted 11 April 2008 - 11:04 AM

Goldman Sachs just put out a report questioning the CREDIBILITY of GE forecasts. wasn't i talking about that a couple of hours ago ?

that GS report as as bad news for GE as the earnings.

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#5 SemiBizz

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Posted 11 April 2008 - 11:08 AM

It's the blame game... GS doesn't want to be blamed by their customers for not KNOWING the GE numbers were a crock of _ _ _ _.

Bernanke doesn't want to be blamed for not KNOWING BS was bankrupt.

It's all BS, just who the F do we think we are kidding here...?

Sure, the feds can print all day and nite, and maybe the market will respond to it, but the smart money isn't going to buy this trash, you better not bet on that !!

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics

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#6 humble1

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Posted 11 April 2008 - 11:30 AM

totally agree. when you screw Goldman you have screwed the finny gods; not a good idea and the payback will be a killer.

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#7 arbman

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Posted 11 April 2008 - 11:43 AM

GS will take every bit of blame on this, it is an investment bank, it is THEIR JOB to estimate it right. GE is not liable for anything, GS is as an investment company of its recommendations... In the investment world, when this kind of ******** happens, the investment bank takes the blame but cuts the company's recommendation back in return for not being straight forward in advance. It is all about managing the expectations, if you can not manage the expectations as a company, the investors will not like this and the intermediary will not like this, although they will take the responsibility of not being accurate to the investors. Of course, nothing gets paid, but it does reflect bad on the investment bank before the company since the investors' interface is the investment bank, not the company. The investors are paying the fees exactly to avoid this ********...

Edited by arbman, 11 April 2008 - 11:47 AM.

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#8 SemiBizz

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Posted 11 April 2008 - 11:51 AM

If 31.65 breaks on GE anytime today... 28.88 is coming...

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics

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#9 humble1

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Posted 11 April 2008 - 11:53 AM

i think you miss this by a mile or more. GE has thrived on its reliability NOT to surprise or disappoint. GS can be very punishing in many ways and they will be. GS can not be faulted for believing overt statements by the CEO of a company which calls itself the best managed through current info of its operations. this is the heart of the 6sigma management system which GE has preened about and sells to others.

Edited by humble1, 11 April 2008 - 11:54 AM.

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#10 SemiBizz

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Posted 11 April 2008 - 11:57 AM

http://bigcharts.mar...&mocktick=1.gif

Monthly chart doesn't show today's action yet 32.XX low. It's back to that volume spike low from March 04....

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics