General Electric (GE) May Be Close to Rock Bottom

Now that the Dow Jones Industrial Average handed the once mighty General Electric (GE, $12.76) its much-anticipated disgrace, investors everywhere are asking once again: Is it finally time to "buy the bottom" in GE stock?

The answer is an unsatisfying "soon."

Here's why I say soon ... and why I'm not saying now.

The Dow's Breakup With GE

The powers that be at Dow Jones announced on June 20 that they would remove General Electric's stock from the venerable index on June 26, and put Walgreens Boots Alliance (WBA) in its place. After a 111-year continuous run and the distinction of being the last remaining original member of the DJIA, GE