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As a man thinks, so he is. Some people are never.

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Alternate Route

Turn off the nav system, crumple up that MapQuest printout, and let's find out where the next random turn may take us!

Jun 9, 2009 - Looking Up?

AR Index     567.60  +12.66  (+2.28%)

Stocks of individual interest
Toyota  79.85  -1.87
GM        1.21    +0.46
Ford      6.38    +0.25

Dow 8764.49  +43.05   (+0.49%)

Perhaps it's an abberation, but the move in GM stock this week (even though it's now on the pink sheets) kept the Index moving into positive territory again.

At first I thought we might be looking at a "dead cat bounce", but it seems more like people must be convinced that even though GM is going to drastically change, there's still going to be a GM that comes out at the other end of the tunnel and the stock price makes it worth taking a chance on.

3:08 am | Categories: ar index
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Comments
rearwheeldrive - Jun 15, 2009 6:30 pm
I think people rushed in to get a steal on the cars that were for sale from a bankrupt company.
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