UAL reported some rough numbers. Their passenger load levels were down from last year. Passengers were up but they increased capacity more than demand. It certainly doesn't warrant the slide but that's the way things are going right now. Expect all three of us to be down unless AAL comes out with something nice.
maybe Iraq mess........hopefully July results strong, seems like its already priced for bad results....overall bs but as Ralph points out will go up based on all the items.
On 8/13/13 the DOJ blocked the merger and AAMRQ tanked, so there could be a lot of rotation coming over the next month.....also significant open interest on calls for next week the market makers don't want to lose on.......don't know when but we should at least get to being undervalued vs wayyyyyyy undervalued.
p.s. more people die every year in crashes involving trucks then if there was 1 plane crash every week.....bs
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