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To: Perspective who wrote (280299)	3/16/2004 4:11:59 PM
From: Earlie	Respond to of 436258

BC: Had a fairly earnest shot at some of the airline stocks a year or so ago. Did well on Air canada, and did ok on the early efforts with UAL. Unfortunately, I got bashed by American and by Delta. Summed up, the total gains were neither big nor worth the angst so I figured "too early again" and headed back into the fox hole. Having said that, I still think that the whole sector is massively over-valued and a great territory for short targets. Most of my "favs" have been slowly moving into reverse thrust so keep an eye on them. I intend to return to them once the market as a whole picks up some solid downside momentum. Best, Earlie