I dont like to do this because this bitch keeps kicking me in the ass but here gos, I think it may go as low as .44 maybe .42. I dont think we get below .40 again (.395 rounded up is .40). I am counting on the fact we are too close to the 3rd and 4th quarter for people to want to take a chance on a run up to ether sell at this point or wait for it to go lower then .40. I have my bid in at .44, I felt I had to raise it 2 pennies. You see I am one of those people I just talked about.
As for the "cash for clunkers" program I cant help but feel it is one of the best programs the democrats have put out. That being said, it isn't saying much. I believe people would be wise to get the big picture here. First of all it does not limit the program to the US OEMs (YOUR TAX DOLLARS ARE GOING TO FOREIGN COMPANIES).
Second, every person that buys a car under this program is not going to need a car anytime soon. Now while it gave a reason for some to trade in the old piece of crap they used to have SOONER then later. Many would have had to do it later anyway. So I have to ask, what is going to happen LATER. Thats right they will not need one. Look I did not say it here but I told many before years ago when all the incentives were being given out by the OEMs, that all they are doing is flooding the market with cars that will not be purchased later. I would be worried about a crash in OEMs in a year or two. Now it actually took 3 years and lets face it the bad economy was a real big reason but the flood of cars 3 years prior did not help the situation.
I did not want to be a downer here but you have to look at things from all angles before you make a judgement on a certain thing.