Thursday, June 15, 2006

Bought BA at 82.49
I feel positive about the price eventhough it gained 6% yesterday. The drop in price from 89+ started in May which corresponds with the market crashing from fear of inflation so I feel that once the market gets back on track BA will be 89+ again. Everyone's kind of accepted the fact that the fed will raise in late june by .25. I think some ppl were worried that they would raise .50 or raise many more times after this but the CPI and PPI data shows a slow down in the economy which may suggest that the Fed will pause after late june.

But then again, we thought they'd pause last time and the time before that too! ?_?

Feel free to comment! =)

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