Delta Air Lines, Inc. (NYSE: DAL) Message Board

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Non-Tech : Delta Air Lines, Inc. (NYSE: DAL)

DAL 57.39

+0.5%

3:59 PM EDT

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To: Larry Voyles who wrote (37)	10/30/1998 11:12:00 AM
From: Skipperr	Read Replies (1) of 82

Larry - Looks like you've been making the best use of your DAL investments by boxing the stock. I guess you're doing options? Or, are you both long and short individual shares? What seems to be fundamentally right for a rise in price, may not work. As we both know, DAL price is very dependent on oil prices. Oil bottomed at the end of August and is moving up. At the same time $XAL and $TRAN bottomed on October 8 and, with DAL, both are moving up. Oil and DAL can't be both moving up at the same time for long. What do you think? Additionally, I believe that DAL management sees a recession coming. This may be another reason for the early parking of the 72's. Another recession argument is supported by Princeton Economics: pei-intl.com For all these reasons, I want to subject my buy-sell decisions to a good automated discipline. It will be especially advantageous for you and I in our 401(k) plans. Have any ideas for a "system"? Best regards, Skipperr

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