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General Electric (GE): Bellwether for a Global Bear Market

by Susan C. Walker
5/12/2008 3:30:00 PM

This announcement of GE's successful global infrastructure deal is far happier than its announcement in mid-April that it had badly missed its expected earnings, resulting in the stock losing $47 billion in one day on April 11, 2008. But while many investors and many in the financial press see global infrastructure investment as GE's savior, our analysts here at Elliott Wave International look at GE's price chart and see a different story.

Filed Under: General Electric, GE, Bear market, Economist, Credit Suisse, infrastructure
Category: Stocks


Is It a Crazy Market?

by Editorial Staff
4/11/2008 2:00:00 PM

``The last two weeks in March were a different world in financial services," said GE's CEO Jeffrey Immelt. It's that kind of "different world" that can unnerve the CEO of a multinational company such as GE, not to mention individual investors in financial markets. But this kind of craziness has happened before,...

Filed Under: GE, Immelt, Bear market, 1987 stock crash, Wall of Worry, bull market, crash
Category: Classic Prechter


New Online Trading Course: How To Use the Wave Principle to Boost Your Forex Trading

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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.