New highs tend to beget new highs, GUY is panicking with his position
Here we go again. MTW gets grouped in with the agricultual industry. There's a report earlier this week saying that the agriculural industry is on a down turn and now we (MTW) goes on a downward slide.
When are these analyst's going to realize that farmers don't use a crane to plow their fields or the water from ice machine drain to water the fields?????
The A/C units in their John Deere tractors don't come MTW.
Burger, There seems to be an overall negative market sentiment right now....nothing is safe. I imagine MTW will move in line with the market barring any real news. These down days are killers.....every stock I own is red. At least I have some cash on the sideline from selling my BAC yesterday and remaining LVS position this morning. We'll see what BAC resports tomorrow and maybe get back in if it's positive. Disappointing to see all of the casino stocks getting hammered.....no bad news in that group, just a lot of dumping going on. A Packers victory over the Bears on Sunday will at least brighten my mood a little bit! GO PACK!