Comments on Fund My Mutual Fund: Watching the Airline Stocks

When Cramer says buy...you sell and when he says s...

2008-08-28T14:56:00.000-04:00

When Cramer says buy...you sell and when he says sell...you buy!

Yepthey are the inverse to oilif you can tell in a...

2008-08-28T13:06:00.000-04:00

Yep

they are the inverse to oil

if you can tell in advance each day what oil will do you can make a lot of money

yesterday everyone thought oil would go up with the storm approaching

instead they go down

just showing you this market likes to make the fools of the most amount of people possible.

They should take the names off the sides of these airplanes and just label them "Anti-Oil Trade"
That's all they have become.
Not trading on their own business

airlines doing good today....

2008-08-28T12:48:00.000-04:00

airlines doing good today....

lol MiMi,You are starting to catch on.Actually Cra...

2008-08-27T16:11:00.000-04:00

lol MiMi,

You are starting to catch on.

Actually Cramer is a bright guy and knows how this market works. When he has his suit jacket on I recommend listening to him. Once it comes off he turns into "entertainer" and it starts to get shaky.

He called Jul 15th the bottom, now he is hedging it by saying, well he assumed government interventions aka bailouts would happen. So if they don't happen he won't stand by his bottom. That's his typical spiel of late - I assume he wrote it when his jacket was off :)

I think airline stocks will do good next week beca...

2008-08-27T15:57:00.000-04:00

I think airline stocks will do good next week because Cramer said yesterday "do not buy airline stocks"

Stone,I wish it had been obvious to me 2 months ag...

2008-08-27T14:32:00.000-04:00

Stone,

I wish it had been obvious to me 2 months ago

Michael,

LUV does (Southwest)
but their hedges for fuel are coming off now to so they are going to be hit too

its just not a business that works, as is, at $120 oil.

Is there any airline that has actually made money ...

2008-08-27T13:54:00.000-04:00

Is there any airline that has actually made money consistently over time (SouthWest/Jetblue?)? It seems like such a tough business to make work.

When oil was clearly extended, it was easy to make...

2008-08-27T11:04:00.000-04:00

When oil was clearly extended, it was easy to make a case for airline stocks. At these levels, not sure why anybody would touch them. A homebuilder or quality retailer makes more sense if you think the consumer rebounds and oil falls. Not sure why anybody touches them.