RE: RE: DOW DC: I've got a conundrum...Everyone is concerned about China's forecast of 7%ish GDP. So this is on top of ...what... about 12 years of 9%to13% growth. I cannot for the life of me figure out why people are distressed about this. The smart guys that do almost all their business in China, like John Rutledge scoff at all the hullaballoo about China. There market is likely turning as we speak as perhaps Europe, also.
And Mac, regarding Cat...Again the company has had over the top earnings for years. When the market gets saturated and prices are sky high for a product, prices and sales come down. And then droughts all over the map, too!
Anyway, I've been staring at a one year chart of LLEN and trying to figure this 'bottoming pattern'. Both Bar and TJ have pointed out that they see a 'possible' rise begin mid October. (I hope I am not misquoting.) I've got a page now of interesting dates and prices and am looking at $2.18 to $2.24 right around the 19th or 20th of October. I have it plotted to Dec 06ish, 2013 but am hesitant to put it down here.
Just one more wimper in the wilderness.....S.