GE, RHAT, GSF and MSTR
Tag Archives: Ge
ES
On an option expiration day like today, the market was pretty choppy. Taking quick profits is prudent. The long tails and shooting stars on the candles caused a lot of pain.
I scaled in some 401K money into mid-cap and foreign funds today. I expect the market will be going higher a little while with recent good earnings from INTC, YHOO and GE alike.
GE
Closed GE at loss. GE lowered projection for the Q4, which probably explained in hindsight why it didn’t move up much once it hit 31 (obviously people with inside information were unloading at 31 level therefore the resistence could not be broken) and original target of 32 was DOA. Using a scale in/out strategy would probably work better since we would book partial profits at 31 level.
GE
Bot GE SSF @ 30. Target 32 and stop 28.95.
GE
Bot GE SSF @ 30. Target 32 and stop 28.95.