BOEING is going DOWN and it's taking whole market with it. Crash is inevitable

BA broken trendline is resistance, but selling isn't desperate
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ironchef said:
I disagree that the 737 planes are falling apart. The old 737 has a better safety record than Airbus planes. The new 737 Max has one design flaw that turned out to be a single point failure. I think once they fixed it, the Max should be as reliable as the old 737.
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Where is your source, I have a feeling you have no basis for your opinion.
One source I found says the A320 series is safer:

Airbus A318/A319/A320/A321 - 0.08
Boeing 737 (all models) - 0.23
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In any case there's nothing to suggest that Boeing has a better safety record.
 
Overnight said:
Their 737 airframe is not a problem
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The airframe is very much a problem. Most of the issues stem from the fact that it's a way too old 1960s design. It has caused Boeing to use so many hacks to upgrade the model because they are too cheap to do a proper redesign/type cert.
 
orbit23 said:
Boeing is in some serious problems. I don't know much about the actual fundamentals, but it seems like their 737 planes are falling apart and that they will halt production. It's the largest US exporter and has the highest index weight in the dow jones index.

Allegedly no lay-offs. Probably better said, NOT YET.

Boeing is going down for sure and it could take whole market with it.

30% market crash is coming in 2020. My recommendation is to start investing heavily into put options with 1year expiration date and 2250-2600 strike price.
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u sound like a noob trader wannabe. the market is strong and will continue to climb higher and higher. i know cause i follow and look at 200+ stocks chart on my watch list every single day for the last 3 years.
 
Man....That is quite a call! Do you really believe this? or are you just fishing?

orbit23 said:
Boeing is in some serious problems. I don't know much about the actual fundamentals, but it seems like their 737 planes are falling apart and that they will halt production. It's the largest US exporter and has the highest index weight in the dow jones index.

Allegedly no lay-offs. Probably better said, NOT YET.

Boeing is going down for sure and it could take whole market with it.

30% market crash is coming in 2020. My recommendation is to start investing heavily into put options with 1year expiration date and 2250-2600 strike price.
More...
 
orbit23 said:
They are halting production of 737 and ryanair is grounding some of their planes because of cracks in the wings or something like that, i saw the article earlier, but can't find it now.

And boeing is going down 100%. Their planes are crashing and falling apart...


You all are getting mad at me, the more salt in the comments, the better odds of me being right.
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We can have all opinions!
My opinion is that you write very vague bullshit nonsense! It's just a waste of time for everybody!
 
vincentnyc said:
u sound like a noob trader wannabe. the market is strong and will continue to climb higher and higher. i know cause i follow and look at 200+ stocks chart on my watch list every single day for the last 3 years.
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We need those kind of posts.

Ofcourse they are looking strong, they look the strongest at the top!! For how long do you think such growth can sustain itself?

The way to trade it right now is to just buy every breakout on lower timeframes - it's going up, so that's what makes money right now if you are daytrading.

But the bigger picture is that all of the gains will be given back in 2020 and then some. There are too many uncertainties in 2020. Big money will pull out and most of you here will be selling to me at 2300.
 
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