If it bounces off that red line, I'm buying. Otherwise I'll go long the puts. T/a is definitely NOT voodoo. It works.

 

Hey, you can trade technicals and that's fine. I invest on fundamentals. TO each his own. Doesn't make either one smarter than the other... just different.

 

I gave up guessing a long time ago (technical). Even with FinReg, management lies (fundamental).

If you need a method, try throwing a dart at the chart.

 

When the lights go out your 2 million dollar portfolio won't be worth squat. Buy lead, food, and diesel.

 

I agree with your 3 but you need to add: 1 gallon plastic bottles, toilet paper, feminine supplies, cigarettes, booze and wet wipes. I am a capitalist not a prepper.

 

A very good article about AF 447. I think it provides a fairly detailed account of what happened and why.

an interesting paragraph:

"But by the 1970s, a new reality had come into view. Though the accident rate had been reduced, the accidents that continued to occur were being caused almost entirely by pilots—the very people, many of them still at the controls, who had earned a nearly heroic reputation for having stood in the way of the mechanical or weather-related failures of the past. Pilot error had long been a recognized problem, but after the advent of jets it was as if an onion had been peeled to reveal an unexpectedly imperfect core. The problem was global. In Europe and the United States, a small number of specialists began to focus on the question. They were researchers, regulators, accident investigators, test pilots, and engineers. The timing was unfortunate for line pilots, who had begun to fight a futile rear-guard action, ongoing today, against an inexorable rollback in salaries and status. The rollback was a consequence of the very improvements in technology that had made the airlines safer. Simply put, for airline pilots the glory days were numbered, and however unfortunate that was for them, for passengers it has turned out to be a good thing."

I'm curious who the writer believes is fighting against "an inexorable rollback in salaries and status." It sure ain't ALPA. Must be talking about European pilots.

 

If you have enough lead you can get everything else you need... right?

 

Yep, I bought a VEPR-12. A Russian made tactical shotgun with a 12 round mag. The ultimate home defense weapon.

 

Mr. Anderson gives a little outlook on the MSP operation. Also mentions a new Asian destination in 3-5 years. What's your guess?

The end of the article mentions 4 people interrupted the meeting demanding wage increases. Apparently one was from the company who pushes wheelchairs. Hopefully one of the others was Donatelli!



Delta CEO: MSP is world's best-run airport - Minneapolis / St. Paul Business Journal

 

Hahahahahahahahahahaha. You KNOW that's not the case. Our contracts are MATURE, so says our Dear Leader.