Stocktrader perspective on GE.

[mustangbrad]

Any owners or traders of ge on here? I'm sure there are. What's your opinion on the huge dow runup to plus 9800. I think we only had two small down days in the past ten.
Look at a chart and see how ge just plain exploded once it hit 15. Ge was 13.59 one month ago, we are currently at 16.50. This stock trades too much volume for this jump to be sustanable, imo. I was looking to go long in the low 14s. What just seems like a week ago. I never could get filled and didn't want to chase. I have no doubt whatsoever that ge can be 20 - 25 if the market remains healthy throughout the next year. I'd like an opinion on the trading of ge in these current conditions.
Thoughts on Ge at it's current levels and where the market goes next week? Down continue to fly or a little consolidation and back to 96 on the dow?

[mustangbrad]

Guess nobody on here trades ge or cares.

[Brunotheboxer]

I bought some shares of GE at around $12 about three months ago. I have no opinions other than the fact that I am glad I own it.

[iSellJerseyShore]

Originally Posted by Brunotheboxer

I bought some shares of GE at around $12 about three months ago. I have no opinions other than the fact that I am glad I own it.

What triggered you to go long GE?




-Frankie

[Brunotheboxer]

Originally Posted by iSellJerseyShore

What triggered you to go long GE?




-Frankie

My wife called me and said "I bought GE". And I said "Thats great honey, whats for dinner".

[iSellJerseyShore]

Originally Posted by Brunotheboxer

My wife called me and said "I bought GE". And I said "Thats great honey, whats for dinner".

-Frankie

[greekbum]

Originally Posted by mustangbrad

Any owners or traders of ge on here? I'm sure there are. What's your opinion on the huge dow runup to plus 9800. I think we only had two small down days in the past ten.
Look at a chart and see how ge just plain exploded once it hit 15. Ge was 13.59 one month ago, we are currently at 16.50. This stock trades too much volume for this jump to be sustanable, imo. I was looking to go long in the low 14s. What just seems like a week ago. I never could get filled and didn't want to chase. I have no doubt whatsoever that ge can be 20 - 25 if the market remains healthy throughout the next year. I'd like an opinion on the trading of ge in these current conditions.
Thoughts on Ge at it's current levels and where the market goes next week? Down continue to fly or a little consolidation and back to 96 on the dow?

The trading in the markets is summed up like this everybody is waiting for a pullback or sell off and knowbodys in anything.The pros have sold or sold short since 8800.What you are seeing now is the chase.You gotta stay long until the trend changes it could be tomorrow, next week or next year.The little guy isnt in yet so I guess its not over yet.

[Gaijin]

I finally got back in the market. But a spider on the S&P 500. And I never paniced and sold anything from my 403B so its finally and thankfully coming back little by little...