Thursday, January 22, 2009

As (GE) goes so goes the market? #2

Back on July 10th 2008 I wrote a post

As (GE) goes so goes the market?

After that GE announced earnings and slowly moved from $27 to $30, but of course continued turmoil among financials (and at least 40% of GE business IS financing) pulled GE down.

Here we go again - GE reports tomorrow before market opens and "coincidentally" GE has just completed TD Combo Buy Countdown on weekly charts. I am dying to see what will happen tomorrow.