with the move higher they found ways to disappoint multiple times mr. munoz could do that again even though i like the sector. i'm comfortable with valuations here as far as i'm concerned people think airlines they raise prices because of higher oil prices i think that's actually a good thing. giving pricing power in a difficult time airlines. >> for me it's a fade. without a doubt. absolutely look at this thing up against $907 you had the rally np now take the overall market not fantastic no mace i want to be. >> i would fade that and buy spirit switch it and my own game. >> trade it or fade it. >> yeah. >> three games in one. >> can't take it back. >> true a tur ducken the s&p 50 oh may have reached key levels here a wild week for the broader markets. and maybe a comeback could be ahead ahead. grasso heads to the plasma to take us off the charts. >> this is a huge game of trade or fade. let's look at the charts and see what they say. so this is the 200 -day moving average. the market told us that the 200-day moving average is the most important for us to fo

would also like to thank our summit sponsors this morning and i'd like to thank united airlines' mr. munoz. we are honored to have you here, sir. we will hear from you later. mr. chris waddell, thank you for being here and thank you to your team. by the way, both of these companies have, i think, success is built by having a fantastic team behind you. a great vision and a fantastic team and a fantastic leader and these are both companies that have those elements. united airlines, of course, you all know has, you know, roots all over the world. over 60 countries and 700 of their own planes and then they have 600 or 700 that they lease to their own partners. quite an enormous operation, but it's a global operation where different cultures and the employees feel valued, but the people, their customers are from their country and they don't need to understand how to operate internationally and waddell, of course, which is opening here and you will hear more about and it's a fabulous idea which is to take a global view of education and to really look at having campuses around the world where ins

good morning, phil and good morning, mr. munoz. >> hey, joe. how are you? oscar munoz.e happy to come on because you have strong performance in the third quarter. what stands out when you look at the numbers you posted for this last quarter >> it's a combination of the plan we put together right? it's a journey from getting our people back together, getting our union structure worked out, getting our operational reliability which is important, putting a strategy together to get this business back and so, you know, a couple of quarters later, watching it work in this way with a specific point we made with hub growth as well as customer service, all of that is coming together. it's a good quarter. >> you've added these flights, smaller markets into your hubs in the midwest whether it's denver, chicago, houston they have seen real growth there. how much more do you have to go, so to speak, in terms of how much growth is out there for you to mine and grow with? >> well, two answers one, from a standpoint of our mid-continent hubs, that was a specific part of the growth plan