Who can say the instant when momentum changes? Who can actually see the invisible hand of momentum shifting gears? When the highest point is reached and the rest is a straight and exponential line down working its way to the proverbial black hole?
What day or month or moment was it when momentum changed:
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When dealerships by the thousands will close?
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When Toyota and other car manufacturers post first quarter loses in the 7+ billion dollar range?
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When Chrysler LLC bankruptcy looms and appears inevitable?
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When brands will fold and thousands and thousands will be unemployed?
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When family businesses of 50, 60 and 70 years will cease to be?
The thing about momentum is this: it is an invisible, dynamic and unpredictable phenomenum. So when the Penguins are down 2 games against the Washington Capitals, and win back to backs to make it an even series - who saw that momentum shift?
When the mighty Steeler defense was backed up on its' 2 yard line with the soon to be Hall-of-Fame quarterback Kurt Warner needing to throw a punch pass for the Arizona Cardinals to take the lead - who saw the longest defensive interception in Super Bowl history coming? One that would cap the game and seal a victory for Steeler nation?
Who predicted a year ago that Americans, with our consummate love affair of & for cars, would hold on to our cash and wear our practicality like a badge of honor? Who can predict the instant when the letting go of this fear will ease and the industry will be selling cars near the 15 million unit range again? It will occur with a mightily leap or with a slight of hand. Momentum says so.
Upward momentum will occur in the automobile industry again. Don’t know when or can’t say how. the tipping point will be reached. Supply and demand and fear are a mighty combination. We may have to remain on the straight line downward for a time to come. Are we in the 2nd period or the 4th quarter? Stay tuned… as we are all in for a ride.
Drive Your bargain,
Anne
www.twitter.com/annefleming