The consumer confidence con: Five consumer stocks to sell now

one stock to stay away from is GE......commercial property is foreclosing at a record pace...GE Capital is heavily into commercial property...Immelt is trying to raise capital by cutting employee wages..He always looks to the easy way to raise capital...until he can make money the old fashioned way by selling products and not stealing from shareholders and the employees i say stay away from GE..

GE will be just fine.

Emerson Elec.is also good and has no finanial business

GE will be better than fine cause they are into everything that will be needed in the future.( wind, water, transportation, etc ,...buy GE now and be a smartshare holder

I miss Jack Welch

Have a donut. In good times and in bad, it's time for sweets. Let KKD rise with a krispy kreme buy.

GE employs more people outside the U.S.A. than it does in it...Not an american company anymore...I HOPE IT GOES BANKRUPT SOON!!

GE Capital is currently hiding $40-$45 billion of embedded losses in the GE Capital portfolio. This $40-$45 billion of losses, if rinsed through the income statement all at once, would wipe the company out. In fact, if GE weren't able to fund itself with the "heroin injection" of the government's commercial paper program, it would already be bankrupt.

I agree stay away from GE and any heavily exposed commercial property company. Also stay away from Sears they have totally dropped the ball on Kmart and Sears. Target is not going to have a great year either. Oil looks safe because of rig shut downs and Opec cuts. Gold is always good but wait til it goes back down some again. I actually like landry's because of all the different chains theyt own. Walmart and McDonalds my only picks for last year and they did great. Stay away from bank stocks a correction is going to kill the bulls. Insurers avoid at all cost. Cell phone company At&t and Blackberry phones going higher. Home builders not in the northeast part of the U.S. avoid. No inflation for now because of no recovery in the second half. Get rid of parts suppliers to the auto manufacturers. Tire manufacturers you can short them all. Buy commodities. Buy Google stock. Buy You tube stock. Short MBIA their cooked in my opinion. Short American Express and Citi. Hey I was right on 99.9% of my picks to buy and short last year and a half so may be I can help you make some money. Need a good analyst give me a shout has to be $1,000,000 plus benfits to start though I know what I'm worth.

GE Capital is currently hiding $40-$45 billion of embedded losses in the GE Capital portfolio. This $40-$45 billion of losses, if rinsed through the income statement all at once, would wipe the company out. In fact, if GE weren't able to fund itself with the "heroin injection" of the government's commercial paper program, it would already be bankrupt.

Doug Monroe,

You're repeating yourself.

So how much GE have you shorted?

The heart of this melt down is that the multinational corporations and banks are buying our Congressman. Example: Senator Baucus has taken more money from the insurance industry and will not allow a debate over single payer health care. As long as these well paid elites are having their campaigns finance buy corporate America, we the people will continue to lose our jobs to Asia and Europe because of capitalism for the rich and crapitalism for you and I. The free market doesn't exist in the world, it's only in their heads. Every nation protects its vital industries, except the US, and soon the workers here will unite and take our country back from the economic royalists who have destroyed this once great nation. The first step is to institute public financed elections. Make it illegal for any government elected official to take money from private interests. Next is shut down K Street lobbyists. These are a few things that would stop this madness....

I have no problem bailing out GM since we have been subsidizing Asian car makers to come here and subsidizing companies to leave on the tax payers dime, and they were starting to make a comeback with the products they were making, only waiting to see if the government was going to change fuel ratings. Where I do have problems is giving 3 trillion dollars to the too big to fail banks with no strings attached, and they are still in business with the same crooks in charge. In Canada they rejected the subprime loans as to risky, and now they are moving into the US markets because they are conservative and look after their customers and their national economy. So why do the Banks basically get off and GM gets the attitude? I leave you to speculate, and by the abusive demeanor in your reflexive replies, leaves me to believe, that the corporate controlled media has done its job. And buy the way China tariffs our cars at 20% and we tariff theirs at 2%, now that’s a only a American corporate bozo could make.

I haven't shorted GE, but I did dump all of their stock. Anybody taking federal money is at risk.