Re: [AFMUG] stock market dive

Thu, 12 Mar 2020 10:38:12 -0700

BA is also screwing the pooch on their crew capsule thing. SpaceX is way ahead of them, even though BA is absorbing way more cash.


bp
<part15sbs{at}gmail{dot}com>
On 3/12/2020 9:54 AM, Ken Hohhof 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 <[email protected]> On Behalf Of Bill Prince
Sent: Thursday, March 12, 2020 11:40 AM
To: [email protected]
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 <[email protected]> On Behalf Of [email protected]
Sent: Thursday, March 12, 2020 10:59 AM
To: AnimalFarm Microwave Users Group <[email protected]>
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 <[email protected]> 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 <[email protected]> On Behalf Of Steve Jones
Sent: Thursday, March 12, 2020 9:17 AM
To: AnimalFarm Microwave Users Group <[email protected]>
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 <[email protected]> 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 <[email protected]> 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.

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