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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?


To: zx who wrote (185)12/31/1997 8:47:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 2341
 
agraff-
the reason i am hesitant to put AMR is that the near term oil prices are dropping drastically.I posted a while back about jet fuel price vs. airline profits. Ina nutshell...each 1 cent move in jet fuel price means $15mil. in more profit/loss for United. I'm sure that AMR is in the same boat.With fuel prices sagging, that's gotta be good for AMR! Looks like a very solid uptrend to me. DIS has wanted to dive since Dec. 1 but got swept up in a couple of Holiday rallies.IMhumbleO
dave