I wrote last year about why investing directly in airline stocks is risky; they have no control over two very important factors - oil and terrorism. We're reminded of this today:
The International Air Transport Association joined angry motoring organisations yesterday in a scathing attack on oil refiners for almost tripling margins on jet fuel from $US6 in 2003 to $US17 now.Many airlines are reducing profit forecasts and the airlines that are already losong money (the big US airlines) are set to lose even more. I've been avoiding airline stocks for a long time now... Posted by James Trotta at September 13, 2005 4:52 PM
Have you ever considered the forex market?
I'm beginning a blog about my journey in gaining experience. Perhaps you could review it and give some tips?