General Electric Generally Down

General Electric (GE) has now been down 8 days in a row. Since 1980, GE has only had five other 8-day losing streaks. On day 9, the stock has gone up three times and gone down twice. The last two times that the stock has had an 8-day losing streak, it has gone up exactly 2.51% on the next day. Go figure.

Comments

[buoy:]

...and

Oct 27 08:43 AM

[Vox Rationalis:]

So what you're saying is that it's going to go up unless it goes down.

Oct 27 08:51 AM

[ex GE'er:]

This stock will never get any momentum with Immelt around. You never know what promise he will make and break or what brilliant marketing strategy he'll come up with.

Oct 27 09:10 AM

[TLassen:]

Bespoke....3000 or so followers. Wow.
Please read a book or two, suggest you start with "Fooled by Randomness" maybe that will put and end to these types of posts.

Oct 27 09:59 AM

[z28rgr8:]

Another typical Seeking Alpha article.. Do investors really read this crap? Reminds me of Yahoo "news"..

Oct 27 11:06 AM

[milo Wolff:]

What investors need to know is the projected earnings and sales. Not emotional opinions.

Oct 27 01:25 PM

[connorport:]

No! What they are saying is that you should have gotten in on 8/13/1985. Then you would really care about today's stock price.


On Oct 27 08:51 AM Vox Rationalis wrote:

> So what you're saying is that it's going to go up unless it goes
> down.

Oct 27 02:06 PM

[Mrudula Shah:]

The analysis shows the trend has nothing to do with who's the company CEO!! It happened that many times in the past when Immelt was not in the picture at all!!

On Oct 27 09:10 AM ex GE'er wrote:

> This stock will never get any momentum with Immelt around. You never
> know what promise he will make and break or what brilliant marketing
> strategy he'll come up with.

Oct 27 07:13 PM

[Mrudula Shah:]

Let me add one more point: Wsan't Jack Welch the CEO during 2003 when the shares had two 8-day down days!! When it happened in Nov 2007, it shot back up by 2.5% on the ninth day, when Immelt was the CEO!!


On Oct 27 07:13 PM Mrudula Shah wrote:

> The analysis shows the trend has nothing to do with who's the company
> CEO!! It happened that many times in the past when Immelt was not
> in the picture at all!!
>
> On Oct 27 09:10 AM ex GE'er wrote:

Oct 27 07:22 PM

[The Economi...:]

Here's some crazy talk from a reputable firm. Stansberry predicted that GE would be bankrupt in two years.

Oct 28 09:09 AM

[Adonis:]

How about it drops 2 more days. What's the analysis on that? Worthless article...

Oct 28 11:43 AM

[Mrudula Shah:]

On the ninth day, this time the stock went down more than any day in the cycle!! Hopefully, it will recover some to-morrow OR is it going down more on the tenth day also?!! In any case, compliments for some good research. Perhaps the current cycle is a rare event.

Oct 28 11:11 PM