I don't think it would cripple them. Boeing is looking to reduce production. It's a more ideal time for the company to take a strike than for the union to go out on one.

Right now, I've recommended Boeing ( BA : Research , Estimates ) for the last couple of months. I did downgrade that about two weeks on the price move. I still think the stocks continue to perform however, although I think the gains will be modest from here in the near term.

It's continued fallout from Boeing's earnings release and comments coming out of the conference calls for both Boeing and Honeywell. People are beginning to realize that these companies are expensive relative to earnings.

It's continued fallout from Boeing's earnings release and comments coming out of the conference calls for both Boeing and Honeywell. People are beginning to realize that these companies are expensive relative to earnings. You also have a lack of improvement in some of the airline names that have reported recently weighing on these companies, too.

I don't think there's a whole lot at stake. The Republicans are clearly more vocal about supporting defense, more vocal about specific issues. But there's no reason to assume the Democrats are bad for defense. It's not supported by hard facts.

It's a very good strategy. It's a sizeable foothold for Boeing to acquire. I think they could really exploit it.