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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: KM who wrote (24473)11/20/2001 9:04:33 AM
From: donald sew  Read Replies (1) of 52237
 
Km,

>>>> I figure you have to have a Class 1 sell on the airlines such as UAL/AMR, which I shorted yesterday. Do you follow those at all? The moves up seem ludicrous to me in light of the fundamentals if nothing else. <<<<

Yes I do have a CLASS 1 SELL on the XAL(airlines), but I also have a 3-WHITE SOLDIER on them. I wouldnt know how to play the XAL now, since LUV(Southwest Air) accounts for about half of the market cap of all the airlines combined. We complain about MSFT having such a big influence on the NAZ/NDX with approx 11-12% of the index - doesnt compare close to the 50% that LUV has in the XAL.
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