InvestBaboo

Building Allegiant Travel Position on the Way Down

I don't know what exactly you are trying to say in this article but if you are long on ALGT -- I warned you and your followers in your last article on ALGT that ALGT charts were highly suspect and there was potential to the downside and I wouldn't mess with it. Well, I was right and at this point in time ALGT is wounded on the Daily charts and a suspect on weekly charts. I fully agree with you ALGT has great potential but sometimes for reasons unknown a great stock can stgay in the gutter. It is possible it may recover and start the run tomorrow or just as likely drop another 5 points. A dangerously volatile equity that I was incredibly lucky to make a few bucks last time around but I hesiatate now to play with it anymore.

So you are now long on an airline stock and a shipping stock (as per another one of your articles) yet you write and moan about the great circus the market has become. You surely are a complicated person to understand!