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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: Tweets Boar Hog who wrote (1015)8/4/2021 8:47:32 PM
From: Tweets Boar Hog  Respond to of 4424
 
An update on my BA charts.

When it rains it pours. BA's Starliner is being removed from the launch pad as we speak. Another screw up, big time screw up. You do not get unlimited chances in this sort of business. You have to be right nearly first time every time.

Jack Calhoun current BA CEO is a Jack Welch protege. So was Calhoun's predecessor. I do not think Calhoun will last. Who would want their company ran by a Welch protege? Look at GE. Not a Welch fan, as obvious. Welch used to travel, so I am told, with two 737's. One followed, was a spare. Stupid???

It is rare today that we even have to travel on corporate business, what with all the tools we have. Been that way for a long time really. So why am I traveling? Personal, required human intervention and action.

Tweets

Short Term. Since last post BA completed a truncated time top, of a big ABC. About dead nutz on. Now walking the down trendline. Forming an apex of a triangle set up. This will tell the story. A marker stock to follow. How do you tell the difference between an ABC and an impulse? I asked that the other day. This looks like an ABC to me.



Long Term. Nothing new to report. We wait for the ST to decide what it is going to do. IF the ST fails and heads down, I can using my methodologies and postulate that BA will head to 20 to 60 dollar area. Think lower as opposed to higher. 5th waves are usually given back in full. IF this happens, where does that put the Dow? We wait for the ST to decide what to do. Patience, no action required.



The Dead Duck.




To: Tweets Boar Hog who wrote (1015)8/27/2021 4:06:24 PM
From: Tweets Boar Hog  Respond to of 4424
 
So what is our old friend BA been up to?

I think it possible this stock could go back to 60 dollars or less. But the proof is in the puddin.

Since last post BA has started down as predicted, and is working its way to the apex of the pattern shown. Another DOW marker with not long to go before it decides to break down (or up).

About anything that could go wrong for BA has went wrong, they don't need Covid II. The amounts of money these companies need to carry on business today is beyond comprehension. Like big oil. When revenues sink it hurts and hurts some more.

Tweets