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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (6917)3/29/2019 10:58:16 AM
From: Kirk ©  Read Replies (3) | Respond to of 26837
 
It still blows me away what people are paying for autos and homes.
I visited my old chevy dealership just yesterday. I asked what's being sold Full size Trucks and SUV's of all sizes" was the response. That's where all domestic dealers are selling. Denali's are 75-80 grand, Cadillac Escalades are over 100 grand. My F&I manager just shook his head and said , some people roll out of my office with 1400 a month payments and 72 months to do it!
I guess that doesn't make the Teslas running $50K for cheap Model 3 to $100K+ for fully loaded Model S look that expensive.

Someone in my 24hr Fitness club has a Lamborghini SUV... $200K I believe if you can find one. More than double what I paid for my first home, a 3b.2.5b townhome in Sunnyvale... in 1984!
.
I find it hard to reset inflation / cost benchmarks. There are major times in my life where I remember buying my first car, first home, cost of eating out at various times too...

I'm still trying to get over paying $15 to $20 for burger and fries if you expect to sit down and have it served to you. It seems not long ago I could buy nice lunches most places for well under $10 with tax and tip... then I remember that was 20 or 30 or 40 years ago!

Damn it is tough getting old, but it sure beats the alternative!




To: robert b furman who wrote (6917)3/29/2019 12:21:24 PM
From: Fintas1 Recommendation

Recommended By
toccodolce

  Read Replies (1) | Respond to of 26837
 
I remember seeing F at .87-1 and thinking to myself.. That was the time to take 1 M shares IF one could handle the risk etc. I didn't do such and not because of fear but because I didn't like what the admin was doing to others in the sector. So I stepped into JPM and others. BUT that would have been one sweet play as F moved towards the 20 re % and time.

Here and now I wouldn't be surprised to see LOWER after any rally. How low, pull up a long term trend chart back to 2008 to see where the support was on the way up.

Here's the RS chart for F and while it could see a turn up to X's. I'd expect it to reverse or just add a few more o's. How many 10-30% max so with a price of ? What does that mean re possible downside. And then the FA has to be ok. I have to say I do like Fords.

4.5331
4.2564 4.2564
3.9966 3.9966
3.7527 3.7527
3.5236 3.5236
3.3086 7C3.3086
3.1067 XOXO3.1067
2.9170 6OXOAX2.9170
2.7390 5A6XO4O2.7390
2.5718 X7XOXO2.5718
2.4149 B482X532.4149
2.2675 5OX36XO2.2675
2.1291 63O38XO2.1291
1.9992 XO2941B51.9992
1.8771 4OX1XOA61.8771
1.7626 39XBXOX81.7626
1.6550 XA19XO1.6550
1.5540 O2391.5540
1.4591 OXB51.4591
1.3701 AXCXO1.3701
1.2865 BOXO1.2865
1.2079 28X1.2079
1.1342 9CO1.1342
1.0650 OXXO1.0650
1.0000 AXOX21.0000
0.9390 OXO4AX0.9390
0.8817 B2X1XO0.8817
0.8278 3X2BO0.8278
0.7773 O33720.7773
0.7299 OXOX30.7299
0.6853 4XOX60.6853
0.6435 O16770.6435
0.6042 98C8XO0.6042
0.5674 AXOBBCO0.5674
0.5327 OXOX5XC0.5327
0.5002 B9X79X6X90.5002
0.4697 C8OXOXO7A0.4697
0.4410 3XO1XXOXB0.4410
0.4141 4XCXOXOX510.4141
0.3888 5OXO4OX60.3888
0.3651 OCX5X80.3651
0.3428 1X6XXB0.3428
0.3219 3OXO9X30.3219
0.3022 OXOXOX450.3022
0.2838 7X8XOXOX10.2838
0.2665 OOAXOXO0.2665
0.2502 OCOX70.2502
0.2349 OXOXO0.2349
0.2206 OXO380.2206
0.2071 OXOXC0.2071
0.1945 OX1X0.1945
0.1826 OXOX0.1826
0.1715 BX20.1715
0.1610 OX0.1610
0.1512 OX0.1512
0.1420 OX0.1420
0.1333 O0.1333
0.1252 0.1252
0.1175 0.1175
0.1103 0.1103
0.1036 0.1036
0.0973 0.0973
91929394979899000102030407080910111314



To: robert b furman who wrote (6917)3/29/2019 2:36:45 PM
From: the traveler  Respond to of 26837
 
Thanks Bob. A thoughtful response--i have all the XOM i can stand. May add to F but dnno yet!