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Ford is a BUY albeit Long Term

Ford took a 15% his a few days ago when it reported decreased profit due to special onetime cost and expenses.  Ford never said that sales were going down.  It recently hit a 52 week high on 13-Jan-11 of 18.97.  I love to buy good companies on any pullback of 10% or more from their 52 week highs.  The pullback is usually like tension on a sling shot…you are going to go higher.  Stock is at 16$  I predict that the stock will reach its 52 week high by next quarter.  That would be about a 20% increase in 4-5 months.   I like those numbers.