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>There seem to be several indicators supporting all this, but there is one I
>use that is a bit of a negative. It involves the action of GE. GE
>invariably moves in lock step with the DOW. For the past two days however,
>GE has been down, while the Dow and the rest have been moving up. This is
>unusual, and GE is on the verge of breaking a lower trendline going back to
>April. I hate fundamentals, but does anyone have a plausible reason as to
>why GE is slipping?
>
>PJLaird
>
Perhaps the strong dollar could be the reason for the drag. On the
other hand it's hardly a cheap stock as are most of the Dow stocks --
scary.
James A. Roush
jar@xxxxxxxxxxx
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