GE actually sold some Finance units to one of Japanese group. It means that GE will have no surprise due to incapability of selling some assets, which was the factor last time.
Let's hope that GE can change the sentiment. NEXT week US banks will report. It's always the case this year that US banks are sold off before the earning and rally after earning.
So i'm expecting short-term rally like we had it from Jan's low and March Low. then September or October will be a nasty one - Panic N capitulation both will come to an extrem level.
Then November we may see the bottom and Up in the November and December.
Now we are in the bear market so if miss several short-term rally chances, then we will have no opportunity of making money in this market environmenet. .
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