Hi GK, with JBH I had shorted at $18.02 so after the announcement upgrade by brokers to accumulate I shorted more on Thursday to balance the previous didn't get the peak but go $19.05.
I tend to agree with comments on WOW and WES but Wes just is starting to look weak on graphs so basically have shorted both.
I think I will short MQG but as Jongo says it may be best to wait a while so wont do anything tomorrow.
FLT is too tricky to actually value since it depends so much on people taking holidays. My brother in S Africa has a travel company up market trucks going from Cape Town to VIC falls and back (Kiboko Adventures - middle Africa having problems) this is his BEST year EVER. He has no more places available this year in spite of 2 new trucks. The Auzzies, NZ and Canadians are travelling +++ (he deals with older market > 50 and half camp half in accommodation waited on hand and foot! - no setting up tents no cooking no washing). His French market has dried up a bit and Italians are increasing after collapsing so certainly the travel seems high. Just not sure how long it will last. The Scandinavians' have stayed stable.
So any real troubles and travel will be hit first as in 2008.
