American Airlines (AMR) Message Board

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Non-Tech : American Airlines (AMR)

AMR 170.97

-5.9%

Nov 4 3:59 PM EST

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To: M CAHILL who wrote ()	7/21/1998 8:10:00 PM
From: Rajiv Hargunani	of 152

AMR was one of the stocks mentioned very favorably in the newsletter Dow Theory Forecasts couple of issues back. I personally just use their newsletter as a form of reference and do not put much credence into what they write. Since this issue was couple of weeks back, I do not have it handy. however if I do find it, I will try and summarize it and post it for you. I bought AMR@80 and saw it rise to 89+ and then tank. However I do feel if the dow is going to make new highs the transports have to lead the way and for that to happen AMR will have to go back up. I currently do not have much research available to decide whether to wait for it to go lower or should I avg down at this price.

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