The Motley Fool Discussion Boards

Previous Page

Social Clubs / Martini Club


Subject:  Re: "Buy American"? or "True Patr Date:  9/19/2001  9:50 PM
Author:  warisproduct Number:  14587 of 27875

But then, you're not making a profit from terrorism, you're making a profit from your Magic Eight-Ball.

I'm not so sure. It was fairly apparent that the airlines were going to take a hit, and most people would have only done intraday shorts, given the opening at 60% off the previous. You could have anticipated an opening panic and made money. I mean, this isn't CRA at 270. You'd figure that one day was all you really wanted.

Now, it's plausible that there were many people who felt as I did and prop'd up the airlines in the interest of burning up the shorts. In that scenario, I concede that my objections are moot.

But it wouldn't surprise me if the airlines continue to take a hit. They can't prop them forever.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us