Guys, a major crash is coming to BA, please read the chart.
BA is now in full technical breakdown with nothing in the way of support. It zoomed up too far too fast and now it will just zoom right back down. The chart was wonderful on the way up and it will be horrifying to longs on the way down. LOOK AT THE CHART! Don't you know a pyramid scheme when you see one? It's a Ponzi scheme of the worst sort, the old pump and dump.
Get out and leave the instis holding the empty bag for once instead of you holding it like normally happens.
Ponzi scheme??? Let me see: 1. Profits have quarupled...2. 300 billion backlog 3. P/E ratio 11. Yep, thats a definition of a ponzi sheme alright. Idiot....If Boeing fails..the whole world is gonna fail too. Does any company on earth have a 300 billion backlog???? Oh, by the way, the 787 is gonna fly soon..and will triple the bottom lines of the airlines who own them. Why do you think exactly ZERO 787's (900 on order)have been cancelled during this oil bubble..it is a bubble.