As Web's World Turns

[Lyehopper]

Lye??? Wassup?

LOL!!!! hey dude.... I just noticed that vulcan pointy ear you put on me! LMBO!

[Websman]

I placed limit orders for ABIX and BTUI.

BTUI came close to filling, but no luck... Maybe tomorrow.

ELN did well today...

The vulcantrader.com website is in it's pre-development stages. The actual launch date is not being disclosed at this time, but you can bet that it will be very informative and exciting. Check the link at the bottom of my posts.

[Websman]

I posted a pic of me from 35 years ago. Here's me now...

I forgot to say, but this pic was taken of me in some seedy little town in the middle of China.

[Shadow]

I forgot to say, but this pic was taken of me in some seedy little town in the middle of China.

I had to put my glaases on to see the pic.


Do you recommend visiting China?

[Websman]

I had to put my glaases on to see the pic.


Do you recommend visiting China?

I wouldn't go without a guide.

[Websman]

I wouldn't go without a guide.

I will also say that China is not on my list of spots to see again...

[Websman]

Here's a few on my list...

CDV - I bought it once, but stopped out. I'll consider buying again if it pulls back a little more.

SVL - The trading range is getting tighter every day...plus the vectors are very positive according to the VTP platform.

ABIX - A Poormans stock, plus a canidate according to the VTP.

I'll keep looking at the others, and will consider an entry for SVL tomorrow.

I still like CAL as a short. I'll watch it a few more days.

[skiracer]

Webs,
If you were to look at the 10 min charts for both OIH (oil services ETF) and CAL at almost exactly the same time that oil started it's drop CAL started it's reversal back up. They are working inversely to each other right now as the cost of fuel is so very important to the airlines making money. When oil drops the airlines go up. Be watching for a continuation of the drop in oil and if it does then CAL with trend up as long as oil is dropping.

[Websman]

Webs,
If you were to look at the 10 min charts for both OIH (oil services ETF) and CAL at almost exactly the same time that oil started it's drop CAL started it's reversal back up. They are working inversely to each other right now as the cost of fuel is so very important to the airlines making money. When oil drops the airlines go up. Be watching for a continuation of the drop in oil and if it does then CAL with trend up as long as oil is dropping.

Excellent observation...Lye's brandy is making you sharper in your perception. You may be right, but I'm not sure that oil will keep dropping. The ragheads can't stand to lose money and will do what it takes to stick it to the "Evil American Empire". I say we just nuke the whole mideast and get it over with. Je,je,je,je,je....

Seriously though...CAL will be one that I will be watching over the next few weeks, but I will not take a position until I am certain of what direction it'll take.

[DSteckler]

<< When oil drops the airlines go up. >>

Depends upon whether the airline has hedged fuel prices, like SW, or didn't, like AA. Hedged airlines stocks are much less correlated to the price of oil than unhedged airlines stocks. That works in hedged airlines favor when oil prices are rising but doesn't particularly help when oil prices are falling.

<< Be watching for a continuation of the drop in oil >>

On what basis (TA, FA, or news)? March crude fell below the support line of the rising trend channel but rose off today's low to close right on the former support line. A case of former support when broken acts as resistance when tested?

The low was also just above the 20-day EMA. I'd say that a close below the EMA will probably send crude down to test the $63/barrel level.

[Runner]

Webs check out jblu trigger 14.39

[mrmarket]

Airlines will always have a growing revenue stream but unfortunately all of them react to the same economic signals thus they all invest in their businesses at the same time and end up overcapitalized.

Then the real problem starts. Since the cost to fly an incremental passenger is nil, airline fares get bid down to fill the empty seats. As long as there are more than 2 airlines in any one market, an airline can't make money in that market.

[Websman]

Webs check out jblu trigger 14.39

You shorted JBLU???

Congratulations! Looks like you did quite well today...

[Websman]

Placed a limit order to buy SVL tomorrow. We will see if it meets my price...

[DSteckler]

JBLU is in trouble, Runner. First quarterly loss announced today.

http://clearstation.etrade.com/cgi-bin/bbs?post_id=7136494&Refer=http://clearstation.etrade.com/

They were also downgraded by Mother Merrill.