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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (24818)11/30/2009 6:37:44 AM
From: RockyBalboa  Read Replies (1) of 71442
 
Volkswagen Ord. finally hit bottom (going below 80) on Dubai on Thu, small retest today but the bottom seems in. Actually a pretty cheap carmaker now. The tune changed a bit to trading up since, in trading since market makers now tend to stop out short certificates as all the long certs have been eaten. -g

Since it lost 50% in few weeks, and 70% since summer a rebound could yield many points; could be a rocky ride but should be worth 100 to 120. Provided that the economy does not fall over a cliff.
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