GE is now very, very close to having confirmed its entry into a 3rd wave down.

I know GE is eventually (sooner than most people think possible) going to crash and will likely BK.  The crash part is not even a question for me.  It's debt:cash was a dead give away (not to mention its Altman Z-score).  I only wonder if it will get bailed out by the government as being too big to fail or if it is just too big to bail.  I believe it will be broken up and the pieces sold off in BK court.  Nobody is saying anything like this in the mainstream media.   

Here is my last model on it.  Below is today's chart.  So far, so good.  If you are a betting man, buy puts on this pig and it will make you rich.  The governments might tell people they can't short the banks again but it is unlikely that it will tell people that they cannot short GE even though it is nothing more than a shadow bank holding the paper on hundreds of billions of dollars of products that it "sold" to others.  It is the largest vendor finance scam in the history of everything.