Showing posts with label ge. Show all posts
Showing posts with label ge. Show all posts

Tuesday, October 30, 2007

General Electric

With roughly 5:4 odds in favor of a 25bp rate cut tomorrow, I am going long some GE December calls. Fundamentals aside, GE is going to make a big move, one way or the other, depending on what happens tomorrow. Will be selling before tomorrow's close.