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The ATM at the Airlines

I believe consumers would understand (but not like) a surcharge for rising fuel costs. Let this cost float with the price of jet fuel at the time they make the reservation. It may be a $400 flight has a $75 fuel surcharge; so be it. Get the cost out front, transparent, and get rid of the silly nickel and dime stuff which are just surrogates for real issue of high fuel cost.

GE Earnings: Industrial Bellwethers Are Now Getting Hit

GE will come back; this was a buying opportunity, people selling at low prices because of perceived loss in GE credibility.

The financials report next week and I predict the numbers will show we're either near, at, or even past the bottom for that sector. At least that will be the buzz.