hey snow...traded dan with you guys what seems like waay back when. See you guys are doing great still over there (wish i had held from 5). I think this will go back to the 50 MDA at least. Will possibly sell then.
true. i normally don't jump in when they fall. however, u will get that rare one as this is turning out to be. Seems like selling was done prior and after F earnings (this is down over 20%) for all auto domestic related stocks (unlike TM). Even Zacks was stating this was in oversold territory and that was before todays drop. anyways, with the way the bull mkt keeps going this has only one way to go and lucky for me my timing was so far so good (this time!). Even Arm is recovering after their report. Hope Ten will too! GLTA
This one is kind of tricky... timing is everything. They are reporting late in earnings season and there is CONSIDERABLE compression in the DOW above 12,000. Psychologically, traders are looking for a pullback and earnings beats this late in the season usually have a muted effect. They will beat since they projected increases... the big boys just took percentage gains and ran for the exit. I am seeing the same action in BWA. It is well off its high. This is a good entry point.. Just hold... if you are down >25% consider doubling down if you have the powder.