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Supreona
06-26-2008, 07:39 PM
You guys think Airlines make a run for it tomorrow?

netwrangler
06-26-2008, 08:11 PM
You guys think Airlines make a run for it tomorrow?
Any reason to believe they should - with $140/bbl oil, a slowing economy, and all?

I figure airlines are right up there with housing and finance as sectors I want to avoid.
Doesn't mean there won't be some short-term trading opportunities, but I'm not going to try to find them.
I figure shorting these sectors is a better play into the summer than trying to time the rallies.

JMHO

john_for_u80
06-26-2008, 08:12 PM
You guys think Airlines make a run for it tomorrow?

If Oil goes down :)

We might get a short term rally due to oversold market in few days but then we go down.

Dont try to pick the stocks which makes no sense right now.

I like to be in Ultra Shorts till the trend breaks.

I hope market rallies soon so that I can buy more of Ultra shorts!

cramerica1972
06-26-2008, 10:08 PM
You guys think Airlines make a run for it tomorrow?make a run for what sup,insolvency?????:mrgreen:

john_for_u80
06-27-2008, 12:33 AM
OPEC Chief Sees $150-170 Oil in Coming Months

http://www.cnbc.com/id/25386960

MrSer
06-27-2008, 12:38 AM
Rebound tomorrow than another leg down imo.

wallstreetsedge
06-27-2008, 01:53 AM
tomorrow? anythings possible but why not just ride the wave down

ZaNoob
06-27-2008, 02:44 PM
I'll take a toboggan. Nice sig there, WSE. :)

wallstreetsedge
06-27-2008, 04:59 PM
haha well thanks for saying it first second you joined the chat :top: