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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: robert b furman who wrote (14902)10/29/2002 10:33:49 AM
From: Steve Lee  Read Replies (1) of 19219
 
"With affordability getting lower and lower year after year - it seems to confuse many that sales continue to maintain unit volumes that are often misconstued as "Bubble Mania".

It is simply economics - the more affordable autos become the more can afford/finance them.This assures continuous demand - it doesn't precede the demise of the global trade flows"

How many people buy cars with money they don't have compared to pre 1995? I think there is a bubble very much in play here.
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