Any "Latest & Greatest" about Delta?
09-14-2011, 04:45 PM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
09-14-2011, 05:01 PM
Gets Weekends Off
Joined APC: Feb 2008
Position: Urban chicken rancher.
Posts: 6,070
09-14-2011, 05:26 PM
Gets Weekends Off
Joined APC: Dec 2005
Position: M88B
Posts: 1,182
If you look at your time card, what does it say on the right, about 2/3 of the way down next to this: RES ASSIGN-G/SLIP PAY:
That's where your GS pay on reserve will show up.
You might have to wait until the trip is shown as "Closed" before the pay is correct, but only the first day will pay single pay above guarantee, the rest is straight credit towards guarantee.
That's where your GS pay on reserve will show up.
You might have to wait until the trip is shown as "Closed" before the pay is correct, but only the first day will pay single pay above guarantee, the rest is straight credit towards guarantee.
Its weird though because when I open my month schedule it shows a G next to that day trip.
09-14-2011, 05:41 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
I have a different take on that. I use an investment method (Snider Method) that mostly uses individual stocks and options. I don't feel manipulated at all. In fact quite the opposite... Knowing that there is a real person on the other side of every transaction, I often marvel at how much they lose while I haven't lost (or been manipulated) on a single trade in 6 1/2 years.
I agree with you about ETF's, though. If I wasn't doing what I'm doing, I would be doing ETF's.
I agree with you about ETF's, though. If I wasn't doing what I'm doing, I would be doing ETF's.
I use the FTB Makeup Shotgun method. As with a makeup shotgun, you save time
unless you miss and make a mess of the wall.
What are we talking about again?
09-14-2011, 05:49 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Before you blame me for not paying attention, please look at what this camera man misses:
09-14-2011, 05:50 PM
At home on the maddog!
Joined APC: Mar 2009
Position: ATL MD-88A
Posts: 2,874
You misunderstood my use of the word manipulated. If you traded 3x etf's you would understand.
Snider method is fine for a "method"...you never lose money because you never sell dogs. Problem is those dogs can be losers for years or go out of business. Putting dogs in "winter," code for stocks you'd take a loss on if you sold, is just lost opportunity.
Not dogging snyder, there are people who need a method or they'd never take control of their own finances, just not at all the thing for me.
Snider method is fine for a "method"...you never lose money because you never sell dogs. Problem is those dogs can be losers for years or go out of business. Putting dogs in "winter," code for stocks you'd take a loss on if you sold, is just lost opportunity.
Not dogging snyder, there are people who need a method or they'd never take control of their own finances, just not at all the thing for me.
09-14-2011, 05:51 PM
Gets Weekends Off
Joined APC: Sep 2007
Posts: 1,239
At least the pilot didn't eject
09-14-2011, 05:51 PM
At home on the maddog!
Joined APC: Mar 2009
Position: ATL MD-88A
Posts: 2,874
Hanging on to DAL stock waiting for it to get to $X.XX is like the AA pilots negotiating strategy. It's all about opportunity cost. You can take that money the DAL stock sale generates and do something else with it right now that will have a greater probability of success sooner. Why wait six months, two years, or five years to get to some arbitrary target?
Why would you have your retirement eggs in the same basket as your paycheck? Get rid of it yesterday. It's never a gain until you sell it and put the money in your pocket. Most people can't stand to take gains. They end up riding a stock up and down a half a dozen times. They justify their inability to take gains by saying they are "long term investors." DAL is a bad long term investment. Airlines are bad long term investments. Airline stocks are trades. There's a difference.
You should never invest in the company who writes your paycheck. Never, never, never. Did I say never. Now trading options for fun in DAL is another matter entirely and it is not for the faint of heart. If you know what you are doing, it's okay. Still, I wouldn't do a lot of it. Only with money you can afford to lose.
So, bottom line is this: You should have sold a long time ago and moved on.
Why would you have your retirement eggs in the same basket as your paycheck? Get rid of it yesterday. It's never a gain until you sell it and put the money in your pocket. Most people can't stand to take gains. They end up riding a stock up and down a half a dozen times. They justify their inability to take gains by saying they are "long term investors." DAL is a bad long term investment. Airlines are bad long term investments. Airline stocks are trades. There's a difference.
You should never invest in the company who writes your paycheck. Never, never, never. Did I say never. Now trading options for fun in DAL is another matter entirely and it is not for the faint of heart. If you know what you are doing, it's okay. Still, I wouldn't do a lot of it. Only with money you can afford to lose.
So, bottom line is this: You should have sold a long time ago and moved on.
09-14-2011, 05:57 PM
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Position: Light Chop
Posts: 23,286
09-14-2011, 05:59 PM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
FYI, your post demonstrates a lack of correct understanding of the method and its objective. But hey, I'm not trying to convince you (or anyone else) that Snider is "the thing." I was just pointing out that not all people investing in individual stocks are being manipulated as you stated, and I used what I'm doing as an example. Sorry if I misunderstood what you were saying.
My post wasnt intended to ding the method.
Manipulation in the market is not very visible when you are trading individual stocks. It is pretty clear when you are trading etfs.
Suffice it to say, news does not move the market, news follows the market. The movement that comes after the news is out is traders that have already missed the boat...manipulation.
One more point. For about the past two years, the market has traded technically...Traded almost strictly on technical indidicators. Without a complete understanding of technical indicators, you might as well go to the craps table because all you are doing is gambling. The market downturns are a result of the effects of overprinting of money "crapping" out. If there is no stimulus, the market would almost certainly implode.
I dont know how the snyder method makes big gains, my (basic) sense is that it aims to mitigate risk while also producing a budgetable "income," kind of like an annuity or 15 rental houses. My aim is to make big gains, consistently, with the goal of completely extricating myself from the citizen/slave dream. At some point, the dollar will be dethroned. The process will be methodically slow, but if you arent paying attention it will seem to happen overnight. The question is, how do you want to be positioned when the dollar becomes the ruble (of the early '90s).
Sorry for the pontification in the last paragraph, it wasnt my intent, but I decided to leave it in.
Last edited by scambo1; 09-14-2011 at 06:22 PM.
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