Southwest Airlines (LUV)) Message Board

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Non-Tech : Southwest Airlines (LUV))

LUV 32.35

+2.6%

3:52 PM EST

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To: Emmo who wrote (144)	5/5/1997 3:48:00 PM
From: Larry Leeth	of 299

RE: LUV Market Patterns I was advised to buy LUV by my broker, when it was trading in the low 20's. He explained that this was one of a few stocks he didn't hold with long-term objectives. Rather, the objective was to hold it till it reached the upper 20's, sell, then repurchase when it fell again. He claimed that he had repeated this pattern on a number of occassions. To the extent this strategy is widespread, it becomes almost a self-fulfilling prophecy. Personally, I sold my shares last week at 27 1/2 (at the recommendation of my broker). Best of luck, LAL

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