For GT Blog May 27, 2008
A look at Dow component General Electric
Forty years ago the rule was – what is good for General Motors was good for the Dow
Twenty years ago the rule was – what is good for IBM was good for the Dow
(remember when IBM was called Big Blue)
Now the rule is – what is good for General Electric is good for the Dow
We do not like GE under $31.75 – a bad omen
Question - What is wrong with GE?
Answer – I don’t care, run first, ask questions latter.
Bill Carrigan
A look at Dow component General Electric
Forty years ago the rule was – what is good for General Motors was good for the Dow
Twenty years ago the rule was – what is good for IBM was good for the Dow
(remember when IBM was called Big Blue)
Now the rule is – what is good for General Electric is good for the Dow
We do not like GE under $31.75 – a bad omen
Question - What is wrong with GE?
Answer – I don’t care, run first, ask questions latter.
Bill Carrigan
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