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Non-Tech : Fannie Mae Forum

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To: Arie70 who wrote (264)	5/4/2005 10:29:11 AM
From: Sollii	Read Replies (2) of 294

Arie70, IBD ranks BA worst in group, with that said, it gives them a C+ on acc/dist. The buying isn't dead yet. RS is relatively high at 86. RSI neutral, MACD positive, and volume stable. BA continues to stack 20/50/200 and isn't pulling back with the market. A big part of this is being driven by the large number of commercial orders/contracts and the military procurement/replacement aircraft like the C-17 that will extend production lines out for years. IMHO, this wouldn't be a short candidate for me until it broke down below the 50 day and attempted to rally through it a number of times. Also, on the fundamental side, BA will start to crack when clients begin cancelling aircraft orders ... we're not there yet. Does this mean BA won't go down a few dollars if the markets dive, no. But IMHO, it does mean it's a marginal short at best. Hope this adds to your DD... Cheers!

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