After a promising Friday when I did earn another warm meal and a chocolate bar with Volkswagen it's looking convincing for this week.:)
First quotes of the pre-market are over Fridays final quote and
my forecast of last week for VW seems to become reality.Anyway,it could become a bit bumpy at the 20 day average line around 136€,maybe the time to collect the gain.
Update:
The purchasing manager index March of the EU down from 49 to 47,7points.:(
"" Germany " 50,2 to 48,4 points.:-(
(Everything below 50 points means recession and shrinking development).
The market is digesting this news right now,time for a excursion with the family to Otres beach.
VW after the bad news:
Update 2:
Surprisingly easy to handle market conditions after such bad news of the morning.Volkswagen up to now:
The Dow Jones is just pushing the market around:
Keep up the roller coaster,guys.:-)
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