I happened to be talking to a cat that trades on RobinHood yesterday, he said him and his brother are buying airline stocks. A girl I know, school-teacher, her "advisor" whatever that is lol, put her into American Airlines yesterday. What's it all mean....? It means short these f'rs some more. DAL is at $23 pre-market. Short it.
"DAL has always been around $53" he says. I just rolled my eyes and went on a 5 minute diatribe on how I didn't think that was such a good idea that was met with enthusiastic nodding, but I'm sure ultimately fell on deaf ears.
About 16% of DAL's float traded hands yesterday. Ordinarily I'd say wait for a short term spike to punish the shorts, but I suspect we've already seen that yesterday to some extent. I'm just patiently waiting... let more longs load up. Gotta get that fomo headfake north 1st.
Tsla says it all about the thirst to buy stocks . Musk says it was overvalued Friday drops to $680.Almost hit $800 this am . Nobody's learned a thing . Fear lasted a few weeks .
I have a friend who has loaded up his retirement accounts with Boeing, Airlines, and Carnival Cruise. He thinks he's brilliant.
+95 at 80 .... no need to get greedy for another 5 points +95 on the runners ... no runners left which may be a mistake but I think we don't get much higher than 2890 befor we start down again but who knows?