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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (27891)	9/1/2000 1:12:52 PM
From: Logain Ablar	Respond to of 69936

Hi Harry: On Ford. I haven't looked @ a chart and at some point it should bounce (how bad can the press get and the pres. speaks b/4 congress & that may help). But FWIW - My concern with F and the big 3 is the business model. They derive the great margins on the large gas consuming vehicles. For the next 6 to 18 months we are going to be having high gas prices. This will slow sales and put a crimp on margins and earnings. Not sure how much this is factored into todays price. I'd expect some additional negative press on the explorer. A lot of accidents will come into focus. Not just from the tires. Tim