Open Question
Cramer,
Goldman Sachs downgraded boeing and their suppliers today because of macro and
fewer plane orders and Honeywell HON dropped 5%. Is this a buying opportunity
as this should not affect Honeywell's earnings in the near term?
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depends on your time frame , the 5 year chart looks awesome . If your a itchy
trader I would not buy , if your a longer term investor I would start buying
shares slowly .
i sold out of my HON position today...took the loss, admitted I was wrong, and
decided to move on...the chart looks horrible...it is mired in a downtrend...
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