What I do know is that the market's next step is likely going to surprise a great number of people.
I have always felt right or wrong that LUV was better managed than maybe were some other airlines.
Something's very wrong here. I don't know how this can be. But it is happening and it seemingly can't be stopped.
For investors willing to take a higher level of relative risk, the potential rewards could be significant here.
This bizarre, up, up, up movement makes absolutely no sense.
Buffett and many other people missed getting in when things were at panic-selling levels, but that doesn't mean there are no bargains left.
I want to stress how much I like this trade idea.
Maybe what Warren Buffett has not said is more important than what he has said.
Quick reaction is what will get rewarded in this climate.
The market itself may be ignoring the realities of its weakest players.