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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (12219)3/14/2003 9:23:48 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Shares of the world's second-biggest carmaker fell 5.6 percent yesterday to $6.60, the lowest in a decade. The stock has lost about $18 billion in market value in the past 12 months, a 62 percent decline, compared with a 51 percent drop for General Motors Corp. and 38 percent for DaimlerChrysler AG's U.S. stock.

William:

It looks to me like there is an organized effort to move Ford shares down to a level for a big short covering move to the upside... Ford is too big to fail...

Jim