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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Benkea who wrote (53914)6/13/2000 6:18:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Thanks Benkea. Prices on old cars are a great economic indicator. In the past a softening price environment predicted a slowdown in the economy.

The logic goes like that ... more people want to sell due to difficulty in making the payments and less people want to buy as job security is not as strong. Further used cars are usually bought by those who are more prone to the wims of the work force market.

Based on this observation there is no slowdown as the BLS data indicates.

BWDIK
Haim



To: Benkea who wrote (53914)6/13/2000 6:32:00 PM
From: UnBelievable  Respond to of 99985
 
Since They Are Used Cars We Can't Count Them

That would be double counting I'm sure.


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