notrichrepublicn

Volatility Hedge: Short Boeing, Long on National City

Andrew, "With a huge order backlog" This sentence tells me that Boeing will be less effected by the coming global recession than most companies. I'm sure there will be some order cancellations, but Boeing has so many orders that the world may be in a global growth mode by the time they are caught up with the backlog. The strike is effecting Boeing currently, but once that is resolved BA is a buy.