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David Spurr

General Electric Selling Continues

By David Spurr on October 3, 2009 | More Posts By David Spurr | Author's Website

The sellers couldn’t get out of General Electric (GE) fast enough this afternoon.  The stock gapped down on the opening and rallied slightly, but then in the afternoon, any rallies were met aggressively with sellers, as can be clearly seen from the intra day 30m chart of GE from Friday

Are traders squaring up prior to earnings next week ?

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