Southwest Airlines (LUV)) Message Board

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Non-Tech : Southwest Airlines (LUV))

LUV 31.53

-0.3%

Nov 6 3:59 PM EST

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To: David R. Parker who wrote (204)	8/22/1998 1:47:00 PM
From: Bootz	Read Replies (1) of 299

David, I think I'd continue the same strategy using the after-split price of $20 as a baseline. Buy when it drops below $20, sell when it goes above. Better yet, you get more shares now! Being an airline stock it could always fall off because of jet fuel prices (now extremely low) or whatever, but if past history is any indicator this thing ought to be back up to $30 this time next year, leaving lots of trading opportunities between now and then. What I like is that if you get "caught" and have to hold it for awhile, at least you're not holding on to a turkey of a stock. You could have a whole lot worse stocks in your portfolio, in other words. I've got a basic position which I'm long on. In the meantime, though, I think I'll try getting in and out on a regular basis. Bootz

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