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Old 08-04-2005, 10:36 AM
wildwood wildwood is offline
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Join Date: Apr 2005
Location: pin hunting on the back nine
Posts: 181
Default Re: Good Time To Fly?

There is a famous saying in the market that top-pickers and bottom-pickers become cotton-pickers. With oil in a secular bull market, bottom-picking an airline stock is like trying to catch a falling knife. Of course, if your timing is extraordinarily good, you might do well, but I wouldn't try it. I never want to fight the major trend. Invest with the wind at your back, not in your face.
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