Good question. I am not sure I would short GE, just yet. They do own everything and some areas I am sure are taking profits. Just the subprime company they bought, WMC, a year ago, is faultering. But word is they want to become an A lender. Not sure if that matters. However, when this subprime flounder starts to trickle into our economy, I am sure GE will take a hit because no one will be able to buy thier products.
I was thinking of looking up HomeDepot products and start shorting evertyhing they sell. lol
But then again, I am not financial consultant. So what the hell do I know. I just like reading the others input. And do believe that there will be meltdown far beyond that of just the housing market.
