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Pastimes : The 49 Tickers

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To: ChrisJP who wrote (35)3/30/2000 4:59:00 PM
From: Wayne Rumball  Read Replies (2) of 60
 
Well was out most of the day, mainly because mytrac was useless for about the same amount of time.

Next question, what's wrong with the transport industry? Soaring oil prices?

Most of the 49 stocks that I looked at today were transport related.

Oddly enough the street doesn't realise that most transport companies use higher oil prices as an excuse to gouge their customers.

When oil price hit rock bottom a few months ago transport companies adding fuel surcharges as prices started to recover. Near as I could figure at the time oil companies would have to be giving you $10/barrel to take the oil off their hands before the Fuel surcharges would be reduced to 0.

maybe those transport companies are worth a small bet. I'll post them tomorrow. Problem is, if no one thinks the industry is good, no one will ever show up to buy my shares for more $.
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