As I mentioned deep in the bowels of the comments section, I had put together a post yesterday about shorting Boeing (cleverly tititled “Boing” – heh.) but decided not to post it since I figured any suggestion about shorting a stock would be met with jeers and catcalls.
It’s unfortunate, because Boeing is falling right now after having reached its highest price in the history of the universe earlier today. It probably has something to do with their DreamLiner suddenly bursting into flames. In any event, I was surprised how huge the volume was; indeed, it is the biggest volume for this stock in its entire history. Why, I’m not sure, but I thought it was at least worth mentioning.