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Delta Air Lines Inc. Message Board

  • shlockheed shlockheed Feb 15, 2013 12:19 PM Flag

    Resistance At $15?

    Or will it break through and establish $15 as a base?

    I'm gonna say $15 will soon be the new base. But I want to see it taken out with some decent volume just to be sure.

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    • It is time to get short this market. If they can't get the VIX any higher than this with all the BS that's going on.... that tells me, short money is drying up.... which means the PPT can plunge this mkt overnight and only a select few get rich.

      My personal preference of a vehicle to short the broader markets would be by using IWM, the Russell 2000 index. Lots of risky companies in there. Lots of good ones too. But that matters not.

      My AZO is the ripest pig there is. 15.9 PE. Pfff. Its a paper tiger. Somebody get a forensic accountant on this one, I see a lot of empty stores. In tough neighborhoods too. And those neighborhoods are getting tougher by the day.

      For a good long.... DAL is on a slight pullback and this is a good chance to average in if it hits the 12's again. It will be a $24 stock in 3 years even if WWIII does break out. That's a fact. Albeit my fact.

      My cmg short from 315 to 308 worked perfectly thank you very much. Time to be on the sidelines here again. My the week goes fast huh?

    • I can't believe the VIX is at 14

 
DAL
37.23-0.22(-0.59%)Jul 11 4:00 PMEDT

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