PS I have read that fuel costs (and also gasoline) may go down as soon as the stategic petroleum reserve is full, and it is within a few months of being full. They have like 650000 barrels of the 700000 barrels they need. Also the ship that was sunk at the mouth of the Mississippi in New Orleans held up tankers that were unloading at that port for refineries in the area. It SHOULD get better.

 
No. I never did short any airlines. I am sort of convinced that the best way to short something may be a small position in put options. The action is faster and bigger but more rewarding and without borrowing any money from the broker. Maybe I am wrong. I still see problems for the airlines. In fact how can they do as well as they are even doing with fuel at this record highs and labor getting the pay they get. Even the baggage handlers make over 20 an hour plus health plus retirement, plus all the free and cheap tickets plus all the food and little booze bottles off the planes. And they get double time on holidays plus like triple or quadruple time if it is at night on holidays. I have talked to some of them. Grass looks pretty green to me.

 
Sold Lucent, Sun Micro, and JDSU yesterday to lock in profits and start to reposition and change with the change of the market. Tom, did you short any airlines? More talk today on how oil prices are going to hurt them. Data storage had a nice run last year if I remember correctly but the stocks I remember were ones like Seagate, Maxtor, ect...

 
TC2000 training class in town March 12th - anyone interested? Bert, have you ever gone to this?