Avoid Delta Airlines

Delta Air Lines (DAL) may be headed for Chapter 11 bankruptcy and its price chart tells the story of a struggling company. DAL has fallen from $70.28 on April 9, 1999 to $3.30 to on May 9, 2005. Do not buy this stock.

From January 2, 1995 to May 9, 2005 only 30.33 percent of the Complete Trading Model (CTM) buy and sell combinations have been profitable. The CTM percent returns chart shows the winning trades in green and the losers in red.

Since the price peak only 8.66 percent of the downside buy and sell combinations have made money.