Tuesday, March 9, 2010

Airlines looking good

Airline stocks have been flying (my apologies for the bad pun!) since morning. I have been posting about them on Twitter since the premarket. I hope some of you were able to benefit from this! I got in UAUA at 18.25. Check out UAUA, AMR and LCC if you haven't done so already.

I got out of DUG in the morning at 12.27 for close to breakeven.Why fight the tape? Also took a position in PAL at 4.26. Will lighten up on longs before the end of the day.

Good Luck!

Update: Got out of PAL at 4.29. Just not liking the action in this one.

Update: The PAL move seems pretty stupid now, doesn't it? Oh well....More about it in today's review sometime this evening. Also in LCC at 7.71 since the last update.

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