Is Alan Farley senile?

SoesWasBetter

SoesWasBetter

He claims he banked on GE today, and links to his article here

http://www.investopedia.com/news/should-you-sell-your-general-electric-stock/

BUT, this is what he said in the piece . on 10/10

GE stock has dropped to a two-year low, testing the patience and pocketbooks of long-term shareholders. The stock is now extremely oversold and trading less than 1.5 points above strong support near $22.50, advising patience until that level gets broken. At that point, it makes perfect sense to lick your wounds and abandon ship. (

Since when does
abandon ship.
mean buy?
 
SoesWasBetter said:
He claims he banked on GE today, and links to his article here

http://www.investopedia.com/news/should-you-sell-your-general-electric-stock/

BUT, this is what he said in the piece . on 10/10

GE stock has dropped to a two-year low, testing the patience and pocketbooks of long-term shareholders. The stock is now extremely oversold and trading less than 1.5 points above strong support near $22.50, advising patience until that level gets broken. At that point, it makes perfect sense to lick your wounds and abandon ship. (

Since when does
abandon ship.
mean buy?
More...
If a pro like him said abandon ship, it means buy for us small mom and pop retail traders. Otherwise who is he going to sell to?
 
on Friday

Alan Farley @msttrader
3d
Thinking GOOD DAY to buy $GE for LT accts. At harmonic target.


Then he says

Alan Farley @msttrader
3d
bought at 22.09 and 21.54, sold at 22.90

==========================================
So long term is 1 hour??
?
 
SoesWasBetter said:
I'm not inclined to bottom fish, but that was likely a capitulation selloff today, at least short term
More...


That's y i don't bottom fysh . Retested and lost the stank low. The garbage couldn't even hold a rally for 1 day. Put buyers who expired FRI now thinking they were robbed

Bargain hunters now wishing they slept late Friday.
 
GE Total disaster . Your money might as well be in a pink sheet fraud.

Proud to have posted this as an example of a steaming turd , right here on good old ET , weeks ago . And that makes me 1 for 1 , no cherry pick

While the masters of the universe post 1000 times and not a single actual trade.
 
You must log in or register to reply here.
Back
Top