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Want a hint if we have put in a major/major top?


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#1 eminimee

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Posted 13 March 2007 - 08:24 AM

If GE falls apart below 32..then we may have put in a much more major top than I'm thinking at the moment. If GE stabilizes and/or starts to trend up....while we make the C wave on SPX/OEX....then expect new highs in the not too distant future.

http://stockcharts.c...3832&r=5628.png

#2 greenie

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Posted 13 March 2007 - 08:30 AM

GE is a big subprime lender. Its shares are following the footsteps of CFC (which is down today).
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !