GE nails the coffin?
GE … the once great GE … in TROUBLE
Only 2 weeks ago they reiterated their guidance …
Now they “found out” …
“After the Bear Stearns event, we experienced an extraordinary disruption in our ability to complete asset sales and incurred marks of impairments, and this was something that we clearly didn’t see until the end of the quarter”
HOW INTELLIGENT 
As I mentioned yesterday … we are waiting for the breakout …
And chances are far higher, it will be on the downside …
Let’s wait … patience pays 
Stay TUNED …
Tags: Bear Stearns, credit crunch, GE
