WHEN I SEE THIS STOCK GE it makes me more bearish.I really want to be bullish but when i read statements from IMMELT say lines like this "
GE says worst is over as finances improve"
General Electric Co , considered an indicator of the US economy's healthi feel something not right here .Anyway very short term i think Ge has broken down and it is like relaince of US .When leaders crack we know what is coming.
General Electric’s earnings in 2010 are likely to be flat, but Jeffrey Immelt, its chief executive, expects a simpler, more focused company to post healthy returns in 2011 and 2012.
LOOKS LIKE NOSE DIVE COMING...lets see
