SPDR S&P 500 (SPY): Yeah Boeing is going to be in big troubl...

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Re: grasshoppah post# 291845

Monday, 10/21/2019 11:47:55 AM

Monday, October 21, 2019 11:47:55 AM

Yeah Boeing is going to be in big trouble for covering up their lead test pilot saying the new software (that eventually led to the crashes) should be removed because it was hard to control, when he tested it 2-3 years ago. And since Dow is price-weighted index, and Boeing has a high share price, it is disproportionally hurting the index. It's giving me fits because I do usually follow the dow for technicals because it actually gives fewer false signals than the S&P, believe it or not.

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