Alternate Route

Jul 21, 2009 - The Joys Of Ownership

AR Index     553.23  +16.76  (+3.23%) 

Stocks of individual interest
Toyota  76.11  +1.52
GM        0.51     -0.64
Ford      6.19    +0.50

Dow 8848.15  +516.47   (+6.20%)

The stock market is one place where you generally get a good view about what people really think about things because they're voting with their dollars.

Now that we own GM, the stock in our company has only dropped 55%. Yea, I bet we the people are going to come out of this deal smelling like something, but with the way the government seems bent on sticking their noses into the auto business, I'd wager it's not going to be a rose. Apparently a lot of investors are making that same wager too.

Today's chart is a rough comparison of the price of gas at the pumps with the AR Index over the last 15 months.

2:59 am | Categories: ar index Permalink | Alert Administrator

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