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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (5864)7/1/2020 9:50:53 AM
From: robert b furman  Respond to of 13801
 
Hi El,

Air travel will lag.

The news hype on a second wave is disgusting political trash.

People are being lied to and scammed for the end benefit of a political election in November.

The inevitable response will be the majority preferring the safety of their clean and reliably safer automobile.

Here's a well done recap on China's SAR experience from the past.

seekingalpha.com

Wonder what the response will be when gasoline consumption exceeds the year over year threshold?

My bet is 85% will be shocked.

How could consumption go up when everyone is scared and hiding in their home?

Somewhere around that moment Shell, Total, Exxon, Chevron will be incredible dividend paying long term investments!

Buy the dip EL, Buy the dip!!

Bob



To: elmatador who wrote (5864)7/1/2020 11:18:50 PM
From: da_spot  Read Replies (1) | Respond to of 13801
 
The MSM is breathlessly pounding this/that stat, one horrifying data point after another. The sheeple who rely on the MSM in lieu of independent thought then start parroting that the airlines are in dire trouble...a dying industry even. In fact the next great depression is just around the corner, just you wait and see!

Anybody with a modicum of sense could see that people aren't about to go back to the horse and buggy mode or steamship mode.

Airtravel is in the category Too Big to Disappear. I agree with you, Elmat:)

S