Southwest Airlines (LUV)) Message Board

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Non-Tech : Southwest Airlines (LUV))

LUV 31.48

-0.2%

2:00 PM EST

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To: Roger Zucchet who wrote (148)	5/21/1997 6:56:00 PM
From: Wallace Rivers	of 299

Well...I exited 2 weeks ago (approx.) at 27 1/4, as I didn't like the look of the chart. I look at 14 day RSI and other oscillators, and the RSI 14 had crossed a line which indicated the stock probably should be sold. For me, it was a case of loving the company (still maybe the greatest COMPANY in the U.S., the ONLY airline which can consistently turn a profit), but not having the same confidence in the stock. The April load factor being down, plus the mere factor that this is a cyclical stock made me nervous, as well. Like you, I am hoping to get the opportunity to LUV this stock again!

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