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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (1358)7/12/2008 6:56:40 PM
From: skinowski  Respond to of 3209
 
HOG - yes, but note the bullish divergences and the fact that the last candle is a rather bullish looking Hammer. Then, there is this:

Harley-Davidson Inc. .... agreed to buy Italian motorcycle manufacturer MV Agusta Group ....

The transaction will add the MV Agusta brand of high-performance sport motorcycles and the Cagiva line of lightweight motorcycles to Harley-Davidson's lineup.


albuquerque.bizjournals.com

With today's fuel prices, light two-wheelers may catch a bid. HOG is funny stock with a cult following. Technically, it topped last November and made what appears to be a five-wavish decline. I'll watch it.