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Re: novicetrader post# 415

Tuesday, 10/28/2008 3:06:54 PM

Tuesday, October 28, 2008 3:06:54 PM

Post# of 472
Trade was in yesterday, up today on airlines. I'm willing to go long XJT again here, but am finding that GOL is a better ride for day trading its bounces. There may be an advantage in XJT moving like molasses with a line delay, if, say, you can trade a bounce in GOL, and then still turn it into a bounce in XJT that has yet to occur ?

ATSG and GOL showing some interestingly divergent patterns, too.