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Author Topic: Can HD Survive the downturn (Article on MSN.com)  (Read 6536 times)

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J-Carr

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Can HD Survive the downturn (Article on MSN.com)
« on: November 20, 2008, 10:46:35 AM »

Just saw this on the msn.com website...

http://blogs.moneycentral.msn.com/topstocks/?fpn=can%20harley%20davidson%20handle%20the%20downturn

I wonder.  If we shut up the press for one month, what would the stock market and economy look like.  Yes HD stock has tanked and yes so has the DOW.  But just as it was artificially inflated in the past, it is now artificialy deflated.  If everyone would stop yelling fire in the crowed theater, I think we'd all get out alive.

Ride Safe,
J-Carr
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Hugh Janis

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #1 on: November 20, 2008, 10:59:15 AM »

I'm buying everything I can now.  Makes no sense to bail when it's low.
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MIKEYTEE

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #2 on: November 20, 2008, 11:37:47 AM »

I'm waitting on $ 8.00 share.
By order in.
Mike
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LRebel

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #3 on: November 20, 2008, 11:50:16 AM »

I'm buying everything I can now.  Makes no sense to bail when it's low.

Ditto That!  I am dumping all the $$$ I can into the market right now.... It's On Sale! :bananarock:

May take 5 - 10 years, but those that can invest now will be winners if they have the time to wait for the market
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Jbbrown73

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #4 on: November 20, 2008, 11:57:27 AM »

Yes, I believe we can think the media for a good part of this economic down turn.  And the speculators who drove oil to $140 pushed those that are living on the edge right off.  I blame the fuel price more than the sub prime housing issue for bringing the economy to it's knees. 

However, with that said, the entire country as a whole, individuals, state local and federal governments and business has to learn to live within it's means.  This includes myself who has lived within my means, but I sure haven't saved for a rainy day like I should've.  Myself, I am re-evaluating my entire financial situation.  As part of that I bought a new SERK!!! :oops:  But for the record, I'm getting rid of a few other big ticket items.  :(
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screaminchickensrule

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #5 on: November 20, 2008, 12:00:51 PM »

Buy, buy, buy, can't stay bad forever...
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skreminegul07

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #6 on: November 20, 2008, 05:58:10 PM »

$11.90
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Kodiak

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #7 on: November 20, 2008, 08:08:22 PM »

Hold on to them dollars. Bury them in the back yard. It's going to get worse before it gets better.
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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #8 on: November 20, 2008, 08:31:50 PM »

There are definitely some opportunities out there for the long haul...the big questions are when to invest and when to get out...



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LRebel

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #9 on: November 20, 2008, 11:03:45 PM »

There are definitely some opportunities out there for the long haul...the big questions are when to invest and when to get out...





Hard to say.  I've heard speculation about where the bottom will be.  A few days ago someone was saying 8k.... someone else said 7k  :nixweiss:  Closed at 7552 today -- who would have thought it back when it hit 14k

I kinda think we will see the bottom (where ever that is) around the end of the year and it may hang there for a while.  Probably be a lot of folks selling off before the end of the year in an effort to avoid likely tax changes.

May be optimistic, but I hope we will see it start to recover some around the end of the first quarter.  May be a long time before it hits 10k again, but if history means anything, every ten year period has had growth.  If you measure from October last year (when it was at 14k), going to have to see some much better times before we get to 2017.

Anyway, I'm staying in and planning on moving some more in next month.

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hard10

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #10 on: November 21, 2008, 08:15:24 AM »

$11.90

I can't find the thread but someone was buying at $10. Y'all know I like a good sale, and this market is definitely a time to buy. I don't know about HD specifically but with the DOW at 7500,  there are some deals to be had.

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #11 on: November 21, 2008, 09:19:30 AM »

Maybe everyone should run out today and buy a new HD motorcycle and HD wardrobe and HD accessories to save the company!!   :2vrolijk_21: :huepfenlol2: :nixweiss:






If you all unanimously agree to this, please let me know first so I can go buy more stock!!!   :2vrolijk_21:
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screwup

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #12 on: November 21, 2008, 09:34:00 AM »

been watching 4 stock closely, garmin, home depot, harley and wells fargo.
wells fargo has the least percentage of bad housing loans of all the finance companies we work with in property preservation side of the business, garmin has sgood overseas sales, home depot as most people seem be fixing up their houses  rather than buying a new one, and of course harley, yes population is getting older however, when it turns more funds will be available to spend.  Just another cycle of up and downs.
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Cigarmike

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #13 on: November 21, 2008, 11:09:02 AM »

Hold on to them dollars. Bury them in the back yard. It's going to get worse before it gets better.

a good reason to start stocking up on ammo too
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grandpadoc

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Re: Can HD Survive the downturn (Article on MSN.com)
« Reply #14 on: November 21, 2008, 11:13:28 AM »

We had a Harley dealer close here in SoCal this week. That means our HOG chapter is disbanded. The reason is "they lost there lease".  Doc
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