### Comment:
When a stock gets sold heavily on rumor, it almost always rebounds the next day as people ask the inevitable question, 'Is it oversold?' while others are thinking, 'Is the rumor real?' and yet others are not thinking at all and just see a lower price as a buying opportunity. GE was always going to have a good move today with futures predicting a big open. It takes news this bad a few weeks to sink in.

### REPLY:
Truer words never spoken. GE is going down the tubes. Wait and see.  I lost today but my cheap leap puts will be well rewarded come 2020.

### END.