Replies to post #28021 on Langlui's Big Board and Options Plays

[newair]

I have lost all sense of this market. Makes no sense to me what so ever. Need tochange my approach. Been wasteing way to much money. logic no longer fits into the picture.

SPG should be in or close to the toilet. Many may think this is a ralley, bu I don't think so. Even if it were to last for some time. It is just a false sense of euphoria.

Like a guy I worked fr many years ago used to say, want a warm and fuzzy feeling, just go stand on a freeway overpass ad pee your pants. Thats wat this market is doing.

y congrats to those whho have been able to stay one step ahead of it, lots of money to be made, I ust keep going the wrong way.

SPG, DRI, GOOG, LVS, BAC, the list goes on. hell people wre even getting excited about COA the other day. Wouldn't tough that with a 20 foot pole at this time. but what the hell do I know?

Have fun,

[RULiquid]

GE Net Down 35%, Positive On Stress Test; Shares Up

. Ê (Adds more information on segments' results starting in sixth paragraph; updates premarket quote in third paragraph)

DOW JONES NEWSWIRES
Ê General Electric Co.'s (GE) first-quarter net income fell 35% on continued woes at its financial operations. Ê Meanwhile, Chairman and Chief Executive Jeff Immelt said estimated stress-test results show the conglomerate won't need to raise additional capital. Some results of the tests, intended to indicate whether major financial institutions need to raise more capital, are due to be released by the federal government next month. Ê The stock rose 3.9% in recent premarket action to $12.75 as the quarter's profit topped analysts' expectations. Ê GE's industrial operations held strong, with revenue down just 1%. Immelt is banking on those businesses to help GE through recession-related woes at GE Capital. Ê The results come a year after GE - renowned for its consistently sturdy earnings - shocked Wall Street by missing profit expectations following troubles at GE Capital. The unit's troubles in the past year have prompted GE to cut its dividend for the first time in 60 years and lose its coveted Triple-A debt rating. Ê GE, an economic bellwether, posted first-quarter net income of $2.9 billion, or 26 cents a share, down from $4.47 billion, or 43 cents a share, a year earlier. Revenue fell 9% to $38.41 billion, declining 23% at GE Capital Finance to $13.09 billion. Analysts polled by Thomson Reuters most recently expected earnings of 21 cents a share on revenue of $39 billion. Ê GE Capital's profit dropped 58% as Immelt said the business remains on track to be profitable for the year. The company had said it was pegging earnings of up to $5 billion for the business this year, though hinted in March that view might be trimmed. Ê The energy-infrastructure business, which makes turbines for power generating facilities, posted a 19% rise in profits and a 7% gain in revenue. Ê Infrastructure orders fell 10%, but rose 7% for high-margin services. Earnings at GE's 80%-owned NBC Universal television and movie operation dove 45% while revenue dropped 2% amid a weak advertising market and fewer major DVD releases than a year earlier. Profit at the consumer and industrial business, which includes appliances and other home products, skidded 75% on a 22% revenue drop. GE shelved plans months ago to spin off or sell the operations. Ê

[righty]

GM LANG