Comments on: Airlines Lifting Off?

By: chrisperruna.com » Blog Archive » Health Care and Pharmaceutical Bottom?

Mon, 17 Nov 2008 13:42:58 +0000

[...] may think differently, profits can be had if you are willing to take a risk in this market. Unlike the Airline Indexes profiled last week, these indexes are lacking a 10/30-week moving average crossover which also [...]

By: Chris

Chris — Wed, 12 Nov 2008 13:57:24 +0000

Wil,
That’s an excellent point. I should do a chart with the airline index and a crude oil overlay.

p.s. – Gas in NJ is now hitting $1.99 in areas (a far cry from the $3.69 prices this summer).

By: Chris

Chris — Wed, 12 Nov 2008 13:55:24 +0000

Dima,
I am using the Stan Weinstein method – it works well for stocks and industries changing trends (catches the trend change earlier than 40-week).

As for RE – not so much activity lately. I almost had a pre-foreclosed property in late August but it slipped by me. I think my trip hurt my chances for getting it (would have turned into a solid investment).

By: Wil

Wil — Wed, 12 Nov 2008 07:22:07 +0000

I have been trading the airlines stocks and my main guide is the price of oil. Notice the oil bubble peaked in July and that’s the bottom of the airline stocks.

By: Dima

Dima — Mon, 10 Nov 2008 16:34:48 +0000

Chris,

Why are you using 10/30 weekly crossover as opposed to 10/40? Is it similar to Stan Weinstein’s method described in his book “Secrets for profiting in Bull and Bear Markets” ?

Also, a while ago you mentioned you are looking at restate investments. Are you still involved with real estate and if yes, how is it coming along?:)