HighLine Firearms
Oregon Rifleworks
Buster Beaver Cerakote
Simply Triggers
Defensive Arts
Advertise on Northwest Firearms
Gun Deals
Sporting Systems
J&B Firearm Sales
Low Price Guns
Oregon Arms & Ammunition

Operation Blood in the Streets

Messages
1,409
Reactions
3,036
Intel hit $61.00 this morning (a new 52 week high) which triggered my sell order.

Now I'm watching Boeing. I don't believe that BA is through with the bad news yet and I learned this morning that they are borrowing $10 billion.

-E-
 
Messages
16,575
Reactions
38,789
BA is at a low. Been watching them as a lesson in how I might do some trading after I retire - but they are only down about 6% and their stock is in the 300s so it would take a chunk of change to make any non-trivial profit from them. E.G., if I put $30K into them and they went back up to $340 I would only make a couple thousand. I make that much just letting my current funds ride.

Intel going from a low of 43 to 61 is a better bet.
 
Messages
1,409
Reactions
3,036
BA is at a low. Been watching them as a lesson in how I might do some trading after I retire - but they are only down about 6% and their stock is in the 300s so it would take a chunk of change to make any non-trivial profit from them. E.G., if I put $30K into them and they went back up to $340 I would only make a couple thousand. I make that much just letting my current funds ride.

Intel going from a low of 43 to 61 is a better bet.
Yeah I'm doing the same math as you are but BA was at a 52 week high of $446 back in March before all the troubles with the 737 MAX. Once they finally get the MAX troubles resolved, I can see them easily back in the $380-$390 range. Boeing is definitely on the skids right now, but their ONLY other competition is Airbus and that duopoly is not going to change anytime soon.

Boeing currently has a total commercial airplane backlog of 5,488 planes, 4,406 of which are 737 aircraft.

Still, I'll probably sit on the sidelines for awhile yet.

-E-
 
Last edited:

RicInOR

Messages
12,175
Reactions
25,820

"We are here to say that yes, there is life outside of investing in Apple, Microsoft, Amazon, Google and Facebook. Unfortunately, most investors don’t agree — and it could end badly for them at some point.

Those five powerful tech companies now comprise a hearty 18% of the S&P 500’s market cap, points out Goldman Sachs strategist David Kostin. That has put the S&P 500 in an unwelcome category: the dot com bubble. In 2000, Kostin notes, Microsoft, Cisco, General Electric, Intel and ExxonMobil also made up 18% of the S&P 500’s market cap. Obviously that didn’t end too well back in 2000 for the simplest of reasons."

[Bold added.]
 

USMC1911

Messages
901
Reactions
1,617
Is this it? Time to buy or wait for it to keep crashing?
IMO its a bump in the road. Not sure its over but my jr gold miner puts look great right now! After yesterday's action I sold them right at the bell... Wish I had held for one more day but the miner price action is defying logic.
 
Messages
1,130
Reactions
1,293
I think I'm going to pull out while the pulling out is good... then reinvest the same amount later when the price is right.
Although I could just pull out what I out in and see what happens, probably better for the market overall anyway.
I pulled out of this one girl in the back of her SUV on Christmas. Highly recommend pulling out.
 
Last edited:
Messages
16,575
Reactions
38,789
I went from 80/20 stocks/bonds to 80/20 bonds/stocks in my IRAs (where the bulk of my retirement funds are) just before the end of 2019. Now I am very glad I did; I have still lost some value (on paper), but every week I put $660 into my 401K which is mostly stocks, so I am buying low right now.

It will come back.
 

UPCOMING EVENTS

Oakanogan Gun Show
Oakanogan County Fairgrounds
175 Rodeo Trail, Okanogan, WA 98840, USA
Cerberus Training Group - Run the Gun Pistol
Cerberus Training Group
47 Cattle Dr, Goldendale, WA 98620, USA
Cerberus Training Group - Run the Gun Rifle
Cerberus Training Group
47 Cattle Dr, Goldendale, WA 98620, USA

LATEST RESOURCE REVIEWS

  • Coat of Arms - Firearms & Cerakoting
    3.00 star(s)
    I hate to give a negative -ish review to CoA, so let me lead with positives. They are close to me, they often have a good selection, and I’ve had...
  • Adaptive Firing Solutions
    5.00 star(s)
    Steve is awesome. He's helped me with two Form 4 transfers so far. I live 45 minutes away and happily make the drive to support such a great vendor!
  • TJ Gun Sales
    2.00 star(s)
    My form 4 cleared on 04/10/2020 I had to fight tooth and nail for TJ's to find my tax stamp. There was never any urgency or concern in their...
  • Lucky Sporting Goods
    5.00 star(s)
    Excellent service
  • 36 Pit
    3.00 star(s)
    I'm probably just reiterating what others have said, but I like hearing (seeing) myself speak. This gets 3 stars because when the place isn't...
Top Bottom