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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: taxikid who wrote (2474)10/26/1997 7:35:00 PM
From: Druss  Respond to of 4339
 
Taxi--Airlines are very cyclical, you might have a very good play there with patience. The price and fundamentals are attractive and the profits may start showing after they are done paying for the aircraft upgrades and replacements. I would not be surprised to see a big gain for you in a year or two.
On the shorter term check your E-mail I have a puts play I am considering if the price to play is not too high.
All the Best
Druss



To: taxikid who wrote (2474)10/27/1997 10:22:00 AM
From: Druss  Read Replies (1) | Respond to of 4339
 
Taxi--I am just about pure frustrated right now.
I have been chasing upticks and not getting them. I knew DDIM was heading south today but can't catch an uptick to short. Same story on AVNT.
TWA seems pretty hammered right now I don't know if it has much down left. Might be a good hedge. I like the long term upside.
All the Best
Druss


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