With a host of issues and crude at record highs the airline sector continues to take it on the chin.  While there is the temptation to look at this group as a long term bargain, the industry remains a hard business model to make money in as it is tied to economic cycles, the ebb and flow of oil prices and is still saddled with high cost structures due to large union presence.  That said we would continue to avoid this group even though the temptation maybe to put them away for the long-term.

Major Airline FusionIQ Techical Ranks 

Southwest (LUV) - 39

Delta (DAL) - 32

Continental (CAL) - 30

Northwest (NWA) - 18