Tuesday, July 22, 2008

July-23 Is Airliners resistable?

We have seen the airliners have been boosted to rebound, then our question will be whether the rebound is a dead cat bounce, or still resistable?
 
The most important thing is still OIL price, and most people still think we are in the correction mode but not sell-off mode for OIL. I don't think it's smart to buy after one day gain of ~50% on airliner stocks.
 
However, what we can do is to bet a short-term rebound on Chinese airliners as well - we don't lost much if they don't.

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