Airlines Holding Lows

10/17/2008 9:52 am EST

Focus: OPTIONS

Thomas Aspray

, Professional Trader & Analyst

chart

The airline stocks closed strong yesterday as, so far, the test of the January and March lows appears to be successful. Since all of the major averages have already dropped well below these lows this is an encouraging sign. A close back above the 131 should be enough to complete the short term bottom.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on OPTIONS