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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: zzpat who wrote (45029)11/14/2017 2:22:34 PM
From: John Koligman  Read Replies (1) | Respond to of 362709
 
I gulped hard and bought some Boeing to put away during the crash. Got it in the 40's, thinking there are only two large aircraft builders around and that it was highly unlikely BA would go under as it was also a significant defense contractor. I've been scaling out now, I thought 150 was a huge move but this is a bit ridiculous. In fact I'm going more and more into cash as this market has had a huge move up. Interest rates are rising and I think will continue to, so even cash will get 'better' as time goes on. If I miss a 'melt up' that is okay with me, I'll be happy with the 'cash in the bank'. I will say I'm watching GE, I'm apparently wired to buy things after they crash, and that one might turn out okay, but just tracking it for now.

John



To: zzpat who wrote (45029)11/14/2017 3:28:20 PM
From: RetiredNow  Respond to of 362709
 
That's quite a view into things and it has been an amazing run. Saw an article today that explains some of the market movement as well. The companies with good balance sheets are doing well, but poor balance sheets are seeing their stock prices stagnate. Quite a contrast.

marketwatch.com