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

To: Barbara Barry who wrote (20576)	6/17/1998 1:24:00 PM
From: epicure	Read Replies (2) \| Respond to of 94695

What do you think of this scenario- A while ago, I was long oils and short airlines- it was a great paired trade and then when the charts showed a bottom in the airlines I went long and sold my oil. I re-initiated my drillers last week, but I now think, if Asia picks up, oil will pick up even faster, and oil increases will hurt airlines more than an increase in Asian traffic might help them. So I bought puts on DAL- my favorite trading stock in the airlines.