Ford is now roughly flat on the year having begun its collapse a bit earlier than the broader indices. On the left we see the full rally since 2009. On the right we see a close up of the recent collapse which began in late July. F just had a 3rd of 3rd of 1 as you can see by the rapid selling of late. There is no quick recovery from this. This is big money making for the door before everyone else gets out. It will only accelerate. The broader markets will not be far behind.
Saturday, October 4, 2014
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