Airline stocks
06-25-2008 | 08:01 PM
#21
Gets Weekends Off
Joined: Mar 2008
Posts: 375
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From: dogstyle
Man, even short term trades in airline stocks (day or swing trade), unless you are using technical indicators in addition to Level II quotes, is a complete gamble (they call it dumb money). Can you make money without? Yes but its luck and if your in to gambling go to Vegas........at least you can get free drinks while you're at it!!!!
06-26-2008 | 04:00 AM
#22
On Reserve
Joined: Jun 2008
Posts: 23
Likes: 0
That is exactly what the market is, a gamble. You just hope that your decision is correct, because most of the time you base your trades on what sectors or analyst are saying or doing and what the future holds. If you really what to gamble play options, the payoff is bigger. Sometimes!
The free drinks are nice!
The free drinks are nice!
06-26-2008 | 04:43 AM
#23
Gets Weekends Off
Joined: Mar 2008
Posts: 375
Likes: 0
From: dogstyle
That is exactly what the market is, a gamble. You just hope that your decision is correct, because most of the time you base your trades on what sectors or analyst are saying or doing and what the future holds. If you really what to gamble play options, the payoff is bigger. Sometimes!
The free drinks are nice!
The free drinks are nice!
06-26-2008 | 08:14 AM
#26
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,137
Likes: 797
From: Engines Turn or People Swim
06-26-2008 | 01:08 PM
#27
La Familia Delta
Joined: Oct 2006
Posts: 2,467
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From: B-717 FO / C-17 AC
rick, no i wasnt there (im on mil leave right now for c17 upgrade) but im glad the crew made it out without any serious injuries. n704ck was a great airplane, one of my favorites, well maintained and clean inside and out.
06-26-2008 | 04:55 PM
#28
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,137
Likes: 797
From: Engines Turn or People Swim
06-26-2008 | 08:07 PM
#29
Gets Weekends Off
Joined: Aug 2006
Posts: 325
Likes: 0
From: CRJ FO
I would rather just invest in the companies that the airlines and other industries HAVE TO USE. Plus companies that have Dividends are always great (Free money) I mean really why buy and airline when you can buy Boeing? (plus has a military contract) Or say JP Morgan, who has one of the big stake in Oil when that goes up. Hell why not invest in the QQQQ. How many priius are going to start selling this summer when gas hits over $5 or $6 a gal.
For me I would rather put my money in the long term gaining dividends and not having to pay taxes on short term trades and just collect and reinvest for more dividends down the road.
For me I would rather put my money in the long term gaining dividends and not having to pay taxes on short term trades and just collect and reinvest for more dividends down the road.
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