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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (289385)11/5/2010 2:39:21 PM
From: John KoligmanRead Replies (1) of 306849
 
I caught some of the initial move in LUV off it's bottom around 6, but sold too early. They say the airlines have finally learned how to make money by cutting capacity and charging for everything but the cabin air <ggg>. MGM had a nice move yesterday after earnings, if they can get their 'debt albatross' under control it could be a nice gainer. They own many of the prime properties on the Strip, too bad they timed City Centre so poorly. In tech, SNDK was a 10 bagger off it's lows then pulled back into the low 30's, now moving up strongly. With the tablet and smartphone craze sucking up flash, in addition to SSD's, it's hard to see how they won't do well. At 37 the other day they had 5.1 billion in cash and investments across a total market cap under 9 billion.

Regards,
John

PS - That chart on LVS is just a monster, and WYNN isn't too bad either.
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