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lucas's avatar
3 months ago
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lucas
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anyone here doing any speculative investing?

i wish i had liquidity when the indices bottomed out. but i got some cash a little too late and missed it.

i had my eye on oil and energy, but i feel like that market is a little to complicated for me to make some simple wagers.

right now i have my eye on airlines, mostly delta and alaska.
lucas's avatar
1 month ago
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lucas
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i bought AAL, ALK, DAL, and LUV when they were fairly near their recent lows. i rode them up a bit and sold with about a 20% return. then they continued to climb, and i was pretty disappointed i didn't hold longer; return could have been around 100%. but then they corrected back down to the pre-trend

pretty small stakes--i turned $500 into $600. big deal. just gambling for fun, i guess.