Buy GE or the S&P 500?

General Electric  (GE) is a conglomerate that is so big that it almost mimics the overall economy.  With a split of 47%  US and 53% overseas revenue it mimics the work-wide economy.  You could buy ETFs to mimic the world wide economy, buy a mutual fund that will pick and chose stocks from a world-wide universe or buy put all your eggs in one basket and buy GE with stop losses in place if the economy collapses.


Barchart technical indicators:

• 66% Barchart technical sell signals
• Trend Spotter technical Hold signal
• Below its 20, 50 and 100 day moving averages
• 14.15% off its recent high
• Relative Strength Index 42.62% buy still falling
• Trading around 18.39 which is below its 50 day moving average of 18.75
• Support level presently at 17.90

Jim Van Meerten is a Marketocracy Master