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Non-Tech : The Carnage of Airline Stocks
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To: Kenneth Kirk who wrote (10)10/3/2001 5:32:34 PM
From: Kenneth Kirk  Read Replies (1) of 20
 
Maybe this thread should be renamed. The airlines have mostly (except for the weak sisters) been climbing pretty nicely since their bottom a week or so ago. My ALK shares look good; the ones I had before 9/11 are still way down, but then they were already red before the WTC events (they went down after the California crash). The shares I picked up on 9/17 are already up 7% since then.

This tends to prove that emotion tends to rule the markets in the short term, but logic and numbers rule in the long term; if you can find the emotional overreaction you can make a lot of money, IMHO. Alright, so that concept wasn't original to me....
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