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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: bobster who wrote (936)2/20/1998 4:09:00 PM
From: Ms. X  Read Replies (2) | Respond to of 34814
 
You are absolutely right about your assumptions. Oil prices have a big effect on airlines. I'll have to compare the charts tonight..let me write that down...

Good point about the travel. Hadn't thought of that. International flights will suffer if we have a conflict. This could present some good buying opps if it drops far enough. Hmmmm. I'll check individual airlines tonight too..

Thanks for the input. I'll post as soon as I have compiled the information.

Jan

P.S. just heard on CNBC an analyst just downgraded the sector saying evaluation were to high for this quarter.



To: bobster who wrote (936)2/20/1998 4:39:00 PM
From: Ms. X  Read Replies (4) | Respond to of 34814
 
Here is what I have observed.
In general between March and June the Oil sector goes up and airlines go down. Between July and December Oil goes down airlines go up.

I looked at AMR, USair and United airlines. USair by far looks the best. Great pullback.
Luv looks good too.

Something to chew on for a bit.

Jan


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