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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (19120)5/26/1998 6:07:00 PM
From: yard_man  Respond to of 94695
 
I think they will all be hurtin'. I like the potential for a larger decline.



To: bobby beara who wrote (19120)5/26/1998 6:07:00 PM
From: Vitas  Read Replies (1) | Respond to of 94695
 
Bobby, you are one nimble guy. -g- Vitas



To: bobby beara who wrote (19120)5/26/1998 7:21:00 PM
From: set  Read Replies (1) | Respond to of 94695
 
re: DAL, AMR, ...

options on Southwestern (LUV) are lightly traded, and the puts
have cool names. Bought LUVRE today as a hedge, just in
case the bottom does drop out tomorrow, and would like to
buy LOVME on the next sustained rally, should there be
another such this year.

I don't really think the puts I bought today will come to
much, as even though the stocks are expensive conditions
for the airlines are good and improving. tourist season
here in the southwest just got started last weekend, and
it looks to be a good one.

Shahar