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Old 05-25-2010, 06:16 AM
  #38881  
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Anderson sold BIG....

MarketWatch.com
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Old 05-25-2010, 06:26 AM
  #38882  
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Originally Posted by acl65pilot
My parents always use the "Fly Confirmed for Less" and they seem to work out really well. Confirmed seat and no hassle. Yep, it is a little more expensive, but it is the best way to travel in the summer or around holidays.
I didn't think parents could use "Fly Confirmed for Less." Thought this was only for immediate family. Does DAL allow parents?
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Old 05-25-2010, 06:37 AM
  #38883  
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It's only for your pass-riders - Spouse, kids and parents.
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Old 05-25-2010, 07:18 AM
  #38884  
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In the land of the credit crash, the man with a paid off house is King....

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Old 05-25-2010, 07:50 AM
  #38885  
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Originally Posted by acl65pilot
Darn Double Dip.

It has quickly broke 10K today, we will see if there is a resistance at this level or it continues to break as most of the charting supports.
-----------
Most wall street firms use the S+P as their benchmark rather than the Dow (even though if you overlay the two, they look similar). S+P resistence level has been a pretty hard floor at 1050. It has been tested 3X in the last week and held. My personal opinion, and I could be wrong, is that most traders have been spanked pretty hard in the last week. What this means is they have lost their mojo. Their confidence is low in themselves. At current levels, there are many bargains out there and money will flow in.

My prognostication is there will be a recovery in the next week or 2. I think it will be a very fast rise also - FAS would be a good play in that regard. I also believe there will be a double dip, just not right now. Things to watch are AGQ, UCO, FAS, BGU, TNA. None of this is investment advice, DYODD.

BTW DAL has been surprisingly resilient in this downturn/correction as defined by a 10% drop.
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Old 05-25-2010, 07:57 AM
  #38886  
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Originally Posted by johnso29
So will this effect the 300 being hired? It seems to me that they are needed, but I've been wrong before. Do people think a double dip would put us right back where we were last year?

Of course we now are able to realize the synergies of the merger so maybe that'll help.
My experience is that airline revenue management can spot the coming trends quicker than economists can. Most of what you see is market panic spurred on by a 24 hours news cycle. Management started hiring because they see high revenue passengers coming back to fly (or at least that's what they say). Really, North Korea goes berserk about every 8 months, I am not sure that this one is much different. The problems in the Euro zone are more serious but seem solvable. Now, if we could just plug up that oil leak before it kills the Gulf, that would be nice.
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Old 05-25-2010, 07:59 AM
  #38887  
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Originally Posted by Bucking Bar
The Stephen King version of the story of our CVG hub:

Why CVG lost half of all flights | cincinnati.com | Cincinnati.Com

Comair's moving a base to DTW. It will still staff LGA flying from CVG for now. Different rumors have Delta pulling the plug on Mesa / Freedom between June 1 and August 1. Right now they do a majority of their flying feeding CVG. Without feed, CVG will cease to be a "hub," and will become an origin and destination airport.
Hopefully they will upgauge the feed to other hubs when they shut us down, at least then the commute will be easier. Mesa Freedom management was a bunch of punks, but I always found their crews to be quite nice. I am sorry to see them get hurt by this.
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Old 05-25-2010, 08:26 AM
  #38888  
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Originally Posted by scambo1
-----------
Most wall street firms use the S+P as their benchmark rather than the Dow (even though if you overlay the two, they look similar). S+P resistence level has been a pretty hard floor at 1050. It has been tested 3X in the last week and held.
tested again today with a 1040 low before quickly climbing back above 1050.
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Old 05-25-2010, 08:33 AM
  #38889  
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Originally Posted by scambo1
-----------
Most wall street firms use the S+P as their benchmark rather than the Dow (even though if you overlay the two, they look similar). S+P resistence level has been a pretty hard floor at 1050. It has been tested 3X in the last week and held. My personal opinion, and I could be wrong, is that most traders have been spanked pretty hard in the last week. What this means is they have lost their mojo. Their confidence is low in themselves. At current levels, there are many bargains out there and money will flow in.

My prognostication is there will be a recovery in the next week or 2. I think it will be a very fast rise also - FAS would be a good play in that regard. I also believe there will be a double dip, just not right now. Things to watch are AGQ, UCO, FAS, BGU, TNA. None of this is investment advice, DYODD.

BTW DAL has been surprisingly resilient in this downturn/correction as defined by a 10% drop.
Agreed.
I have to say that I was actually very surprised to see resistance at 1050. I figured we would go to about 950 then to new highs then recorrect.

The little dip (to the levels I thought)prior to new highs may not happen, but I agree, we will see a another correction.

My initial guess as to timing was wrong.

DAL is doing well because Wall Street seems to think they have strong plan. EPS street estimates are also helping.
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Old 05-25-2010, 08:53 AM
  #38890  
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Originally Posted by BigGuns
Anderson sold BIG....

MarketWatch.com
Wonder why....?
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