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RainerRocks

03/23/18 12:44 AM

#5378 RE: Mierto #5376

By your simpleton logic,GE should've gone up the last year during bull run.You haven't a clue.

She's in a spiral and today's drop just nudged her a little more than usual in the same direction.

Check her yearly chart,she always has upward spurts and then back down and creates a new 52 week low.

When this market dip recovers the gains (remember ,market overall is healthy,earnings etc) GE will have its mini run up then back down because GE is an unhealthy company.

Blue Chip stocks run up or down on fundamentals and GE's fundamentals are in poor shape.

Big mistake trying to time the bottom,she needs tons of good reports and that isn't happening anytime soon.