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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (9087)6/20/2001 2:59:29 PM
From: Bucky Katt   of 13094
 
U.S. Airlines' May Domestic Revenue Showed the Biggest Decline in 25 Years
Major U.S. airlines, most of which will lose money this quarter, experienced their biggest decline in
domestic revenue in 25 years last month as businesses reduced travel spending.
quote.bloomberg.com

I could see this coming 4 months ago in the dow transport index -DJT............I don't trade this index, just follow it and it's components as leading indicators for use with the indexes I do trade.

Maybe Alan & co can float the boat some more if they cut by the 1/2 point everyone is now expecting at the next meeting, which is fast approaching. Who knows what the reaction will be anyway, I haven't a clue..
Going sailing...
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