"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, May 22, 2007

JBLU & the airline sector

While suffering the slings and arrows of the PM sector, here is a look at Jet Blue & the airlines. JBLU dealing with resistance around 11.10. $XAL is dealing with similar resistance around 52. This is our anti-oil bottom feeder play, balancing off a pro-energy dividend play PVX.