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Non-Tech : Airline Discussion Board -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (1209)	7/9/2020 12:07:51 PM
From: Moonray	1 Recommendation Recommended By John Koligman Read Replies (2) \| Respond to of 1868

In more than 60 years since I began investing, I cannot recall having seen a worse time for stocks. I have been in the market for 58 years, so I have seen what you have seen except for the '61-'62 crash. Got in on early June '62 and sold a stock for a quadruple a year and a half later. Really wetted my appetite for more :-) Am in cash and have been so for some time, before Covid-19 struck. Didn't like the market then, don't like it now. I thought airlines would make a good trade and a good investment, but changed my mind 2 weeks ago for reason: Message 32804348 I currently think they are NOT investable. HOWEVER, I think they are still good for a trade. The government is not going to let the airlines fail (as mode of transportation) and might lead to nationalism down the road. Before intervention, I would expect the airlines to bounce at least 10% from their lows, my criteria for a trade. o~~~ O