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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (81269)10/1/2008 8:21:01 PM
From: Terry Whitman  Respond to of 94695
 
The following Dow Industrials MAY be overvalued at present when compared to previous bear market lows:




To: Terry Whitman who wrote (81269)10/2/2008 9:03:03 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
One way to figure out how GM traded back in the low 1900 is the figure it is a constant ratio to INDU and that goes back to 1900 in this chart: stockcharts.com or here dogsofthedow.com

And you might be able to use this GM chart which goes back 100 years: carofthecentury.com

I don't have a clue what the Feds will do with the car industry. Who would have believed even a year ago that the Feds will be bailing out Wall Street.... er, ah, that wasn't PC... should have said Main Street?

Good luck!



To: Terry Whitman who wrote (81269)10/2/2008 9:14:03 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
The Automakers just got a 25 bln. bailout. No need to look up
stuff, GM is at a low since forever. It's got a huge debt load.
No doubt the company will be bailed out in some form, and I
have been interested in this stock for some time too, but...
whether or not the shareholders of GM will be bailed out
remains a question. Auto sales are in a rut due to the credit
crisis.