CONSIDER SHORT SELL ON BA (BOEING) AND ON COL (ROCKWELL COLLINS)
Irrational exuberance has taken hold of BA (Boeing). It started with a positive article last weekend in Barons. yesterday’s news that United Airlines may buy $10Billion of new aircraft ignited the overbought shares even higher. Then last night Jim Cramer poured fuel on the fire by declaring BA a must buy. In our opinion, BA and other aerospace stocks have become over hyped without any material substance behind the price move. Our analysis shows that over all landscape for both commercial and defense aerospace has not changed as the market participants seem to believe. Consider scaling a short sell on