Theres your dead cat bounce practically across the board. Guess the oil drop helped. Sell the spike here.
Airline stocks
- Thread starter pumpanddumper
- Start date
Too bad I pussied out. Anyone play them? AMR still going. Simply can't chase now.
Quote from S2007S:
AMR up over 10%....
its so obvious how these stocks work, yesterday jeff macke said stay away from airlines....guess he may be rightbut nothing like being up 5% in only a couple of days on my trade..
So let me get this straight . . .
You aren't interested in participating from the long side when the SPX rallies 10.5% and the IWM over 12% off of the March lows, because you feel that such a move is simply "sideways" . . .
but you jump up and down all over a 5% move in AMR?
You don't make any sense at all.
You miss the airline bounce the first time?
Get ready for round 2.
Anyone else loving this airline drop as a buying opportunity again? I don't think they bounce as high as last time but get long soon.
Get ready for round 2.
Anyone else loving this airline drop as a buying opportunity again? I don't think they bounce as high as last time but get long soon.