FedEx Retires 24 Jets to Cut Costs as U.S. Shipments Fall FedEx Corp. (FDX), operator of the worldâs biggest cargo airline, retired 24 jet freighters to cut capacity in the U.S. domestic Express division as shipping volumes drop.......http://www.bloomberg.com/news/2012-...lion-charge-as-24-cargo-jets-are-retired.html
It's not time yet, but it will be soon, to sell all this bad economic news. Remember, down is faster than up, which also means bad news gets into the price a lot faster than good news does. Being a bear is always fashionable because it makes you seem smart, which feeds the ego, but being a profitable bear means being a lot more nimble than someone who tends towards bullish. Ego don't pay the rent.
Go long thingamajigs.... <iframe width="420" height="315" src="http://www.youtube.com/embed/DmiDvAoCF68" frameborder="0" allowfullscreen></iframe>