Friday, October 10, 2008

Strike Day 35 Friday

Strike Day 35 Friday.

Did not fly anywhere this week spent the week getting the house ready for winter. But what last week it was with the free fall in the stock market.

This is a chart for Boeing for the last three years.

I see that Boeing is down more than 50% in the last year closing at $41.80 today. Boeing is probably an ok buy. Why do I say this well the strike will be over sometime (after all "It's Our Time Sometime") and Boeing stock has fallen more than the Dow. Boeing dividend is $1.60 a share that translates to a 3.6% dividend yield the question is will Boeing cut its dividend? I don’t think so!

Next week, Might try to go to Boston.

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