mallarde

I'm Tempted to Sell Harley-Davidson Right Now

Neighbor - so many, many top brands have made this mistake. I could list 'em off. I bought a mid-range ($1,000) Denon receiver recently and when I got it from UPS I was relieved to see "Made in Japan" on the back. Receivers made in China with brand names like Harmon Kardon, Sony, etc. are so cheaply made when made in China. You can feel the lack of quality. The volume knob has tons of play in it, the thing weighs nothing, etc.

I do not agree that HOG went down only because of "general malaise." As a Fed official said (I think), Harleys are the ULTIMATE discretionary item. And many Americans went deep into debt to buy them. I think they might represent a lifestyle of borrow and spend that consumers will have to give up.

This could mean that Harley will be operating in a new domestic climate for many years to come.

Now, I am starting to think that HOG could drift up if the market drifts up. My short position is tiny at the moment. Might wait until $40-plus to add.