BA is off its lows because the Fed announced they are essentially going to dump a bunch of cash into the markets to free up some liquidity - There is real risk that banks could freeze BA's line of credit and that could kill BA. The fundamentals still suck but people are betting on a liquidity bailout from the feds.
On Thu, Mar 12, 2020 at 11:55 AM Ken Hohhof <af...@kwisp.com> wrote: > Traders must be thinking airlines will be hit hard and will cancel a lot > of planes they’ve ordered? > > > > It was hard to believe things could get worse for Boeing after the past > year. But I guess things can always get worse. The BA price graph looks > like a plane that MCAS is flying into the ground. > > > > Anyway, BA is off its lows for the day and the DJIA keeps going lower, so > they are converging. > > > > > > *From:* AF <af-boun...@af.afmug.com> *On Behalf Of *Bill Prince > *Sent:* Thursday, March 12, 2020 11:40 AM > *To:* af@af.afmug.com > *Subject:* Re: [AFMUG] stock market dive > > > > I would think that a 30 or 60 day pause in air traffic would give them a > little breathing room for their 373 Max problem. > > > > bp > > <part15sbs{at}gmail{dot}com> > > > > On 3/12/2020 9:08 AM, Ken Hohhof wrote: > > Well, Boeing (BA) is getting the crap kicked out of it. > > > > *From:* AF <af-boun...@af.afmug.com> <af-boun...@af.afmug.com> *On Behalf > Of *ch...@wbmfg.com > *Sent:* Thursday, March 12, 2020 10:59 AM > *To:* AnimalFarm Microwave Users Group <af@af.afmug.com> <af@af.afmug.com> > *Subject:* Re: [AFMUG] stock market dive > > > > Hard to beat moviepass. > > > > *From:* Steve Jones > > *Sent:* Thursday, March 12, 2020 9:35 AM > > *To:* AnimalFarm Microwave Users Group > > *Subject:* Re: [AFMUG] stock market dive > > > > If Invest in anything Ill let you guys know what to avoid, my last > investment was keyon, so im the plague > > > > On Thu, Mar 12, 2020 at 10:17 AM Ken Hohhof <af...@kwisp.com> wrote: > > So buy Princess Cruises, sell Purell and Charmin? > > > > BTW, I heard on the radio yesterday that the CME would be closing their > trading floor starting tomorrow and going all-electronic. Radio > commentator was speculating that if that went OK, you could see it become > permanent, with floor traders becoming extinct. > > > > *From:* AF <af-boun...@af.afmug.com> *On Behalf Of *Steve Jones > *Sent:* Thursday, March 12, 2020 9:17 AM > *To:* AnimalFarm Microwave Users Group <af@af.afmug.com> > *Subject:* Re: [AFMUG] stock market dive > > > > I wish I had a ton of dough to put in there. So much money to be made. Its > so worth getting in. Theres no risk right now, unless its a company that > goes defunct. If it all collapses, it doesnt matter, your dollars equal to > a Venezuelan dollar at that point > > > > On Thu, Mar 12, 2020 at 9:03 AM Carl Peterson <cpeter...@portnetworks.com> > wrote: > > Hard to know when to catch the falling knife so if you believe in DOW 30K > by EOY then any time is a good time. I think there is some more space for > down but who really knows. Individual stocks may be a better bet - > everything is getting dragged down with the stuff that may die / have real > long term damage. > > > > On Thu, Mar 12, 2020 at 8:57 AM Kurt Fankhauser <lists.wavel...@gmail.com> > wrote: > > Stock market down 9.3% right now. Already went through 1 circuit breaker > pause this morning. Is this the time to buy in? Dow Jones currently at > 21,442. I believe it will go back up to 30,000 by the end of the year. > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > ------------------------------ > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > (410) 637-3707
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