Paul, Re: Deere max chart,
To me the stock is doubling quite regularly, albeit in a jagged pattern with long pauses. It bounces from 4-10 for four years, then moves to 10-20 for 3 years, then 20-25 for 1 year then 25-30 for 6 mos, now it's 30-60 for 2.5 years and counting. And bouncing now at the low end of its range. You really have to look at a logarithmic chart as in Yahoo to see that it is moving. Appears to me there's plenty of money to be made there. Case, NH, well there's only a few years trading history in those charts, and if DE is to be any lesson, the true mistake in ag stocks has been to look at the last few years' worth of stock performance and believe it will continue.
I consider NH, DE to be two of the surest things in the market. Oh yeah, and ELAMF ;)
Mike |
