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Technology Stocks : Full Disclosure Trading
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To: Jacob Snyder who wrote (12117)3/9/2011 12:13:58 PM
From: Jacob Snyder  Read Replies (1) of 13403
 
UAL ss 1000 @ 24.45

This is an opening position. I will short more, at these or higher prices, in the next couple of months.

UAL has gone from $2.80 (2008 low), to $30 (2010 high), now flirting with breaking below its 200dma.

Of the major airlines, UAL has the highest debt/equity ration, at 3.9. DAL, AMR, LCC are also short candidates. I wouldn't short LUV or ALK, as they are the strongest airlines.

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