InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.09
(
-0.49%
)
Bitcoin
54,786.80
(
-1.90%
)
Post# of 51808
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

techcharter

Send PM Follow Ignore
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

techcharter

Re: None

Tuesday, 03/16/2010 5:30:01 PM

Tuesday, March 16, 2010 5:30:01 PM

Post# of 51808
GE Triangle In Wave E

GE has been in a bear market for more than a decade now. WAVE A
began in 2000 and ended in October 2002. WAVE B ended in 2007. WAVE C did not end in March 2009. That was only a smaller Wave A. Wave B of WAVE C is a nearly complete triangle.

Expect share prices to drop to the low single digits. Eventually GE will file for bankruptcy. News headlines and "experts" will say the bankruptcy was due to combination of toxic debt from GE capital and a declining manufacturing demand.

http://stockcharts.com/h-sc/ui?s=GE&p=D&yr=1&mn=4&dy=0&id=p67549368456
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up