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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (14902)10/29/2002 10:33:49 AM
From: Steve Lee  Read Replies (1) | Respond to of 19219
 
"With affordability getting lower and lower year after year - it seems to confuse many that sales continue to maintain unit volumes that are often misconstued as "Bubble Mania".

It is simply economics - the more affordable autos become the more can afford/finance them.This assures continuous demand - it doesn't precede the demise of the global trade flows"

How many people buy cars with money they don't have compared to pre 1995? I think there is a bubble very much in play here.



To: robert b furman who wrote (14902)10/29/2002 10:39:56 AM
From: Killswitch  Read Replies (1) | Respond to of 19219
 
Robert, if everything is so hunky-dory, why is the market completely trashing F stock, and to a lesser extent the other US carmakers? Clearly there is a fear here that car buying will suffer a significant pullback if we get a combination of: consumer recession + carmakers have pulled sales from future years due to the extensive incentives.

Do you disagree? What do you think sales will be like in the first half of next year?


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