Thailand Ford Motor Company.

Auto Alliance Thailand (AAT), the 50-50 joint venture of Ford Motor and Mazda Corp, opened its new $500-million compact car plant yesterday aimed at positioning Thailand as a global manufacturing hub for the two international automakers
The plant in the eastern seaboard province of Rayong is a joint venture between the two companies to produce the Mazda2 and Ford Fiesta compact cars, they said in the joint statement.
The cars will be sold domestically in Thailand and exported to Southeast Asian countries, Australia, New Zealand and South Africa.
Southeast Asia is a "critical component of our overall growth strategy in Asia," said David Alden, Ford's president for Southeast Asia and Japan.
Thailand is already a major production and export center for pickup trucks. Its passenger car production is dominated by Japanese automakers such as Toyota and Honda.
Ford Motor Co. is the only one of the Detroit "big three" auto companies that has managed to stay out of bankruptcy during the global recession.
Tracking the Dow on Monday 13/07/09.

(3 market days left to Friday's Dow Futures Expiry)
9:30am:--A mild bullish open followed by a bearish harami to fill up the gap.

There aren't any market-moving earnings or economic releases in store for this morning.
10:30am:--A first hour low with bullish spin and inverted hammer.

Encouraging comments about financial firms from highly regarded Wall Street veteran Meredith Whitney.

11:30am:--(2nd Hour)Bullish spike up to session high with further breakway spinning dojis.

Finanical stocks are looking strong following Meredith Whitney's upgrade of Goldman Sachs.

12:30noon:--(3rd Hour)As usual the pullback for the lunch break but did not touch the current session MAV.

Oil prices are now down 2.0% to $58.65 per barrel after opening pit trade with a modest gain.

1:30pm:--Ascending soldiers moving forward to new high with a doji pause.

An article from The Wall Street Journal that stated the recession, plunging air passengers travel, and tough lending standards are weighing on the airline industry. The article was bold enough to say that if conditions don't improve by winter there could be bankruptcy filings.

2:30pm:--Bulls holding position at high ground.

Stocks continue to trade with impressive gains, but in quiet fashion.

3:30pm:--A slight bearish pause at near session high with a dragonfly doji appearing again.

The Volatility Index is down a sharp 8.7%, which has the VIX at 26.5. Its low for the year stands at 24.80, which was reached July 1
4:00pm:--A bullish spike up closing getting ready for the spillover.
The Dow is just -2.15 points to pierce through the MAV but with reluctance.Since the July high has a variant of just merely a 132.94 points up,the chances of the Dow transforming into a bullish stance or trap is also great after expiry day.

Meredith Whitney is holding the joker card all this while.She managed to slot it in today when the market has no other moving news.So she has sucked up all the world's financial pool money.Isn't this a great pre-emptive market manipulation?Upgrade or downgrade,that's the powerful tool the ratings people have in dictating to the market.