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Where's Boeing going, Cohen?

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4 minutes ago, Trevbeats said:

Why cant I get boeing on my charts anyone help ?

The chart is there ok, Boeing announced this morning it was having to temp shut down production, first time for 2 decades.

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Boeing storming back up again, going to fill that gap?  Another one that's totally unpredictable and untradable using TA ...

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On 17/12/2019 at 11:43, Kodiak said:

Dont worry, buy the dip

Load up buy orders around 30- ish

 

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You're right and I have nobody to blame but myself - Boeing is just 'too big to fail'.  

Should never short the big U.S. equities if you're just retail pond life ****.  Will get burned EVERY.  SINGLE.  TIME.

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20 minutes ago, dmedin said:

 

 

You're right and I have nobody to blame but myself - Boeing is just 'too big to fail'.  

Should never short the big U.S. equities if you're just retail pond life ****.  Will get burned EVERY.  SINGLE.  TIME.

yes you're right, don't short this stuff, ever. watch the cardinal cash vid in the Something Interesting thread and learn 🙂.

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7 minutes ago, Mercury said:

https://www.bbc.co.uk/news/business-51058929

Looks like a major wave 5 turn completed on strong NMD.  Now a 1-2 bearish direction retrace is in, just looking for a lower low to nail it on.

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There's no possible way Boeing will fall that far, at least on this side of the apocalypse.  Not that I don't think it deserves to, but America is far too corrupt (politically as well as in the corporate world).

Edited by dmedin

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9 minutes ago, dmedin said:

There's no possible way Boeing will fall that far, at least on this side of the apocalypse.  Not that I don't think it deserves to, but America is far too corrupt (politically as well as in the corporate world).

No one (or institution) has the power to stop the crash once it takes hold.  Corruption, or just plain old vanilla manipulation out of good intentions, will eventually implode.  The case the Bears put forward is that the more effort that goes into juicing the markets the harder the crash will be.  It isn't the first time this has happened and those that believe this time is different will be just as wrong as the people who said that before.  Of course timing is everything but you don't have to trade the top, just recognise when it has come in and change your directional bias.  What I am saying is that if Boeing breaks lower then the trend has changed.  I don't know how far down it will go, the arrow is (or course) directional not quantitative...

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