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detomps@xxxxxxxxxxxxx (Donald Thompson) wrote:
Don:
Thanks for the graph and response. I'll be interested to hear your views as
you accumulate more data.
<<I don't think its wrong to obsess over GE. There are alot of people who
think GE is incredible. One broker told me, "Well, Don you can't go wrong
with GE>>
Just to be clear, I buy puts as well as calls on GE. I like it because it
seems to move in "lock step" with the Dow. I don't like it solely because I
think it will always go up. Although long term, I am in with that group who
believe five figure values on the Dow will be seen, and sooner than many
think.
Good trading,
Peter
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