Who sold. That's what I want to know. There were 366M shares traded on Friday...doesn't strike me as some hot money jumping out after a near miss.
Maybe it was a fundamental revaluation by some pretty good sized holders. No? Could we see similar revaluations of other mega-corps (or a total market reval) this coming week?
Was this some "smart" money realizing that their "weak dollar," "2nd half-recovery," and "global infrastructure" themes will not be playing out.
What Went Wrong at GE? [View article]
Maybe it was a fundamental revaluation by some pretty good sized holders. No? Could we see similar revaluations of other mega-corps (or a total market reval) this coming week?
Was this some "smart" money realizing that their "weak dollar," "2nd half-recovery," and "global infrastructure" themes will not be playing out.