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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (1424)10/11/2003 2:31:02 PM
From: loantech  Respond to of 110194
 
RS,
This is true as my son works in the auto industry and has been saying that for a year or so. Like an anti-gravity machine I guess. <g> When will it break.............
Tom



To: Ramsey Su who wrote (1424)10/11/2003 2:33:48 PM
From: Andrew  Respond to of 110194
 
Nope actually apparently Mercury is at a 90 degree angle to Saturn.

cbs.marketwatch.com{9411D32D-A1E6-4847-AD6C-3990F517AEDD}&siteid=bigcharts&dist=bigcharts&orig=charting&time=8&symb=IBM&sid=2595&source=htx\http2_mw



To: Ramsey Su who wrote (1424)10/12/2003 12:42:35 PM
From: Silver Super Bull  Read Replies (1) | Respond to of 110194
 
RS,

RE: "Ever since 9-11, the industry is addicted to these incentives, especially zero percent financing. No one now dares to return to the old days for fear of losing market share."

GM and Ford are particularly addicted. What is troublesome, in my opinion, with regard to GM is:

-I think the 0%/low financing was originally thought to be a temporary "fix" to a variety of problems. Now it doesn't look temporary...and I'm not sure it is a "fix" either. Indeed it may be a curse.

-GM originally gained market share after implementing the cheapie financing. Then I heard they started losing market share again. So it is unclear what effect this is having...if they are losing market share while deep discounting that is a serious issue IMHO.

DB



To: Ramsey Su who wrote (1424)10/13/2003 1:15:30 PM
From: ild  Read Replies (1) | Respond to of 110194
 
Ramsey, I assume you are still in San Diego. Can you ask your friend about how October sales are going? They sold a lot extra in September because of Oct 1 car tax increase but now all the potential buyers should be on hold waiting for Schwarzenegger to repeal the car tax increase. I think October sales could be down a lot.


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