Staying put, but there was an analysts on CNBC or Bloomberg making good points about capacity discipline, and how it might unravel. He also felt LCC got a huge boost based on rumors of an AMR merger, which helped everyone, and the bump is about done.

Then again, add another profitable year, RA hinting at cash for shareholders, and I don't see much downside.

The way I figure, as an investor and employee, I'm hedged in terms of the capacity discipline issue. My expectation is for capacity to creep up, unless maybe RA doesn't let our network go to third place, and we announce something right as AMR and LCC do.

A few months ago, I expected a surprise for LCC with AMR not going for LCC, but it looks like the employees there will get their victory, of the phyrric kind. Parker will be their "reward"