This article mirrors my thinking.It is long but worth a read if...

This article mirrors my thinking.

It is long but worth a read if you are bullish airlines or the share market for the medium term.

http://www.safehaven.com/article-12358.htm

It looks as though the markets may have put in a bottom on Thursday with an intraday reversal. If this is the case then the Obama rally may actually come to materialize and airlines would be expected to break out in the coming days. If markets still continue lower than the airline stocks should hit resistance very soon. Either upon break-out or at resistance, we will be looking to add some positions. They should provide great returns in the coming rally that should last into the spring, before a final retracement back to November lows.