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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (245433)6/12/2003 4:32:20 PM
From: MythMan  Read Replies (1) of 436258
 
Lubed by Liquidity Alone, Autos Race Ahead
Thursday June 12, 10:19 am ET

By James J. Cramer,

Can you believe the move in these auto stocks? Talk about liquidity-driven. Here are three companies where nothing good is going on. Nothing. Maybe I'll repeat that: nothing.

But they go up anyway.

When people ask me what does liquidity-driven mean, I say it means stocks like Ford (NYSE:F - News), General Motors (NYSE:GM - News) and DaimlerChrysler (NYSE:DCX - News) going up even though nothing good has happened, is happening or is going to happen.
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