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  • vlahosa2000 vlahosa2000 May 16, 2012 12:04 PM Flag

    Any hints of a dividend increase?

    yesterday, i sold 4000 of ge yesterday. biggest loser, me.

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    • I still have a long position with GE, but I bought some more at 18.58 and sold at 19.11.
      I believe it is very likely it will continue up, but sometimes I like to have a sure profit.

    • Yeah,

      They really pushed it down hard the past couple of days. They knew exactly what was coming. This shaking of weak hands is happening across different sectors that are improving rapidly.

      It's really not your fault. When every ounce of your DNA says it's time to sell, it is actually time to BUY and vica-versa.

      I was actually fortunate (lucky I'll admit) to average down yesterday. Today my position in GE is green and will take profit here, But I am taking a beating in other sectors of course. They will come back like GE. Especially the financials just as the financial arm of GE has improved so have the other financials. Greece is an "excuse" to push down the markets like they did GE yesterday. Just on a macro scale.

      No big deal, the market these days is are completely cyclical all you have to do is have the financial capacity to average down. If you can't just turn the computer off and come back when you are green.


      Don't feel bad

      I've been in that spot before, just chalk it up to a learning experience.......

 
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