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Replies to #415 on ExpressJet (XJT)
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downsideup

10/28/08 3:06 PM

#416 RE: novicetrader #415

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.