jdharward

GE looks fucked to me

Short
NYSE:GE   GE Aerospace
GE is pretty fucked. Broke the long term trend line this summer. Has been tanking ever since. So long GE, it's been nice knowing you.

I might buy some in the $5.76 to $6 range to take advantage of the "double bottom" false rally. Expect to sell the rally at $12-14.

SL is the you're fucked box. Stop loss @ $5.60 (assuming you buy at or under $6.

Then will continue trend down to bankruptcy.

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