Alk Chart, page-1031

Correction to Post #:65314915 above: 33,600 units at 59.3c not 69.3c


Good ALK bounce after the broad market selloff this morning. FED increasing IR last night got the market spooked at the open.

Just remember the FED and RBA for that matter will keep increasing IR until the IR is above CPI. Expect it, so you don't go around running around like a headless chook like the rest of the market this morning whenever the IR is increased. There is light at the end of the tunnel now that the back of inflation is broken. But they will keep increasing until IR is above CPI