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tricha, let me quote you.
"Unless oil goes down to $90 a barrel they're both basket cases".
I think you're onto it, and here's me thinking you're a bit dim for hanging on to those death defying oil shares.
Japan's been in the doldrums for years and hasn't got anywhere near the problem the rest of the world's facing with massive personal debt, property slumps, bankruptcies, mortgage defaults, etc. It's not the beginning of the end of the recession in the West, its not even the end of the beginning.
Oil will continue it's nosedive because the demand destruction will be more or less permanent. Yen and Japanese market will recover first.
Japan still the world's second biggest economy.
Last edited by Skol; 09-08-2008 at 03:40 PM.
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 Originally Posted by Skol
tricha, let me quote you.
"Unless oil goes down to $90 a barrel they're both basket cases".
I think you're onto it, and here's me thinking you're a bit dim for hanging on to those death defying oil shares.
Japan's been in the doldrums for years and hasn't got anywhere near the problem the rest of the world's facing with massive personal debt, property slumps, bankruptcies, mortgage defaults, etc. It's not the beginning of the end of the recession in the West, its not even the end of the beginning.
Oil will continue it's nosedive because the demand destruction will be more or less permanent. Yen and Japanese market will recover first.
Japan still the world's second biggest economy.
I tend to agree Skol, Japan will recover before the US etc...
So are you after Japanese airlines? 
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Originally Posted by shasta
I tend to agree Skol, Japan will recover before the US etc...
So are you after Japanese airlines?
Actually I don't own any airlines, probably should do with POO the way it is.
I remember very vividly watching the TV in LA during the Congressional hearings into the Enron collapse. Jeffery Skilling and Ken Lay implored the staff to load up on shares even as those scumbags unloaded millions of dollars of theirs. ($60m in the case of Skilling I believe). So when Enron collapsed employees not only lost their jobs they lost their savings as well.
Since I work in the airline industry I don't own shares in the airlines. (Unless I come across some real good inside info)
www.youtube.com/watch?v=FOdWxf1tRmI
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Originally Posted by Skol
Actually I don't own any airlines, probably should do with POO the way it is.
I remember very vividly watching the TV in LA during the Congressional hearings into the Enron collapse. Jeffery Skilling and Ken Lay implored the staff to load up on shares even as those scumbags unloaded millions of dollars of theirs. ($60m in the case of Skilling I believe). So when Enron collapsed employees not only lost their jobs they lost their savings as well.
Since I work in the airline industry I don't own shares in the airlines. (Unless I come across some real good inside info)
www.youtube.com/watch?v=FOdWxf1tRmI
I was being a tad cheeky to be fair, am watching your airline competition v oilers with interest.
I picked $105/bbl in the POO comp 
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Last edited by shasta; 09-08-2008 at 11:09 PM.
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Originally Posted by shasta
lol, Qantas officials admitted the delay was to refuel with the POO a $1 cheaper !
QANTAS grounds jet
More trouble for QANTAS: the airline has grounded a jet in Sydney because of technical problems
9 August 2008
More trouble for QANTAS today: the airline has grounded a jet in Sydney because of technical problems.
The San Francisco-bound flight was due to leave just before 2pm but now passengers have to wait until 9 o'clock tonight to fly out.
All this won't do much for QF's share price but you could've bought AIR (up 12.7% since 16/7) or VBA (up 37.6% since 16/7).
See what happens to Shrewd Crude's and tricha's oil shares tomorrow following the plunge in the POO after our markets closed.
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me old mate skol...
I will explain this further on the peak oil thread...
as it is predominately an oil issue...
Ive said my piece on airlines...
trading stocks---> not investing stocks...
In terms of finding value in airlines---> there is none...
.^sc
BITCOIN certified rat poop. NSA created, Expensive to send, slow, can only trade on cex, no autonomy, spaghetti code, has been hacked, accidental Backdoor brc20s whoops, no one building on it, alienated all cryptos against it, volume is fake, few whales control large supply... it will perform though
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No it hasn't been all plain sailing, but PDN an oil play. Sold most but still have a few.
PPX recovering, so far so good.
NAM used be about 10% commodity stock that missed out.
Bought ALL recently.
CFU-hoping to cash in on the 'green' craze but hasn't worked out-yet.
CRJ-speculation-has acreage adjacent to Olympic Dam.
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