I think GE is a pretty good barometer of the overall market environment. After all, it is this huge mega-conglomerate that is in probably every economic sector imaginable. Anyway, they were quite optimistic that their numbers would be on track for the year, and that probably lent a lot of support to markets.
Made a lot more changes - I 'cried uncle' on the short hedge. That China sell-off fooled me but good. Also, took the opportunity today to get some picks I've been eyeing for some time, like Health Care Services Group (HCSG), Meridian Bioscience (VIVO) and Waste Management (WMI), and also added to the 'spun-off' shares of Kraft gotten from the Altria spin-off.
Hope you haven't been getting too whipsawed!
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