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Re: hopester post# 3926

Wednesday, 05/17/2017 7:54:32 PM

Wednesday, May 17, 2017 7:54:32 PM

Post# of 11959
Thanks for posting the chart. RSI is deep in oversold conditions for now. Hopefully there's a newer low tomorrow so I can play the volatility on the rebound.

From a valuation perspective GE could have a significant pullback. I think there PE is around 32, and traditional average market valuation is 16. So implies a 50% haircut.

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