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General Electric Company (GE) – This One Is A Easy Call ! ! !

|Includes: General Electric Company (GE)

General Electric Company (NYSE:GE) - This One is a Easy Call ! ! !

Here again is one of the Dow 30 component Companies that is what I call "A Easy Call." It is very similar to American Express with the exception of a Positive Valuation (it's not as good!) and Technically it is becoming questionable. After you have years of experience in Forecasting it boils down to "Easy Calls" and Tough Calls." I have learned that unless it is an "Easy Call" with near Excellent Fundamentals and Technicals - I just move on until I find one that is. When you have a large universe of nearly all the quality and conservative Companies, it is remarkable to most Investors when I say: There are always Excellent Companies that are "Easy Calls" at or around a Bullish or Bearish Inflection Point.

The reason (GE) is a "Easy Call" and that it is unique for the current Dow component Companies is that -- it is currently selling at a peak of $23 and therefore is in a strong ascending trend since early 2009. Just how much higher can it go? Not Much!

I am looking for a "Probability for Profit" of at least 20% or more when I Recommend a security. My Fundamentals are not all that supportive.

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General Electric Company -- (GE)

Fundamentals: (Old-Fashioned Valuations Must be - in Place before Taking Positions). The projected Earnings Growth of (GE) is FLAT but Positive. This is not sufficient for strong price appreciation of any security. The current Price of (GE) has more recently clearly kept up with many other Dow 30 Companies that are currently and remain lofty.

Technicals: The Indicators are all pointing to being FLAT to DOWN. Buying is definitely not prudent at this price.

You may want to visit my rather unique Graphic on (GE): URL - - >

I can help you with this if you ask.

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Opinion: Hold, if you own General Electric Company - be prepared to take Profits in the coming weeks.

Forecast: The is nothing to suggest that it Coming Down in the Short (one - three months) to Intermediate (three - nine months)-Term. Hold for now? And seek Guidance from a professional. Most "professionals" will advise holding or even buying. Do they EVER recommend selling or offer a Bearish "Warning" such as the above?

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Want more detail? Send me an Email.

Dr. Steve