2 replies to this topic

[Tor]

check them out. no need to post numerous charts as it is obvious to see. personally i wont be trading them, so only post this as an observation.

[eminimee]

Personally I believe airlines have been the force behind the move in TRAN based solely on lower oil but that move "may" be over....if stocks like YRCW can't breakout......and that line of resistance holds on TRAN...it's a sign that the economy is slowing and this TRAN bounce is because of oil not anything else. A big assumption based on one Trend line eh?



http://stockcharts.c...4217&r=7201.png

http://stockcharts.com/c-sc/sc?s=$TRAN&p=D&yr=1&mn=6&dy=0&i=p20832263684&a=92067993&r=6914.png

Edited by Teaparty, 17 January 2007 - 10:09 AM.

[hiker]

Fast Money show on CNBC last night suggested to take profits in airlines.

that is what happened today.

these two look strong -

http://stockcharts.c...allery.html?znh

http://stockcharts.c...allery.html?cea

and may be risky bets at these prices....note the China funding news.