
I like to look at things that affect transportation stocks. In the short term, I see oil as moving to the downside. As soon as it begins to find a bottom from it's recent declines, I'm probably going to jump right in for a swing trade. -1 sigma on the chart and slightly below have been good bottoms as I looked over the dailies for the past 2 years. I'll look for -1, -1.5 sigma to be a place a cross might happen. We shall see.
Edit: Oil up premarket. :)
R
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