Name: |
lucky67
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Subject: |
How much
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Date:
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3/2/2020 7:52:36 AM
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Was Petie paid to drop out and swing support to Joe//OR what was he promised ? VP ???
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Name: |
GoneFishin
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Subject: |
How much
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Date:
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3/2/2020 10:37:28 AM
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You spend too much time wondering. You must really be bored.
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Name: |
MartiniMan
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Subject: |
How much
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Date:
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3/2/2020 10:56:29 AM
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You spend too much time responding to his wondering. You must be bored. And I spend too much time responding to your responding to his wondering. I must be bored. That should put an end to this thread....unless people are really bored in which case let's keep it going.
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Name: |
Carlson
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Subject: |
Did you buy at the bottom Friday?
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Date:
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3/2/2020 12:46:46 PM
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A good correction.
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Name: |
lucky67
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Subject: |
Did you buy at the bottom Friday?
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Date:
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3/2/2020 12:48:05 PM
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Waiting a few more weeks
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Name: |
Carlson
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Subject: |
Did you buy at the bottom Friday?
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Date:
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3/2/2020 12:49:50 PM
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Vic is going down, you missed it!
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Name: |
lucky67
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Subject: |
How much
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Date:
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3/2/2020 1:08:53 PM
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Vic ?
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Name: |
MartiniMan
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Subject: |
How much
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Date:
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3/2/2020 1:09:55 PM
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It's a volatility index.
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Name: |
Carlson
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Subject: |
MM, you buying dinner tonight?
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Date:
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3/2/2020 4:08:34 PM
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Wow you made a killing?
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Name: |
MartiniMan
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Subject: |
MM, you buying dinner tonight?
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Date:
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3/2/2020 5:20:49 PM
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It was a good day in the markets for sure. If tomorrow goes well I've got $200K I need to deploy. Still some work to get it back to pre-hoax valuations. I think the reality of the coronavirus is getting out and the markets are responding accordingly.
Based on what I've been reading I think what may be happening is apparently they have looked at the COVID-19 cases in Washington and have determined that it has likely been there for weeks (if not the entire fly season) and was not recognized as anything other than the common influenza. I am beginning to believe that the spike in cases is more a matter of them looking for that specific type, which has been here the entire time, and calling it new cases rather than an actual spike. Around 20 to 30 million people get the flu every season and I am betting that they are just now looking specifically for this strand. Most of the people that got it earlier are already recovered and have moved on. So let's imagine that since the flu season started the COVID-19 strain has been here but never tested for. Don't know about you but I've never been tested for the flu when I've had it. Anyway, all of the sudden they start testing for this specific version and a certain percentage of cases are this strain. The more tests, the more cases and the illusion that it is a pandemic. Think about it, out of 20 to 30 million cases of the flu in the U.S. so far this season, we have less than 20 cases of COVID-19 but it is growing rapidly. Why? Because they are looking for it and I think that reality is getting out to the markets and the institutional buyers are responding by buying like crazy during this panic-induced dip.
And it also turns out that the mortality rate for COVID-19 is close to zero in children, 0.2% in healthy adults and close to 15% in the elderly and other vulnerable individuals. Very similar numbers to the run of the mill flu although the mortality rate for seniors is on the high side for sure. I think they may be realizing this as well.
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Name: |
lucky67
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Subject: |
MM, you buying dinner tonight?
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Date:
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3/2/2020 5:24:08 PM
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my daughter is a microbiologist specializing in respiratory issues--says her lab had only 1 short conversation about it
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Name: |
Carlson
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Subject: |
MM, you buying dinner tonight?
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Date:
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3/2/2020 5:44:26 PM
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Well darn, thought you had deployed that 200k on Friday. Misunderstood. I guess it's back to beans and franks tonight! Good luck.
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Name: |
PTClakefan
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Subject: |
[Message deleted by author]
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Date:
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3/2/2020 6:22:23 PM (updated 3/2/2020 6:22:48 PM)
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Name: |
PTClakefan
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Subject: |
MM, you buying dinner tonight?
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Date:
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3/2/2020 6:24:51 PM
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Live a little, Carlson. Splurge on the Ramen noodles!
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Name: |
Carlson
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Subject: |
MM, you buying dinner tonight?
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Date:
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3/2/2020 7:59:10 PM
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The noodles get caught up in my gizzard!
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Hehe, I went fishing today and caught a mess of blue cats. Not bored at all.
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Name: |
MartiniMan
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Subject: |
MM, you buying dinner tonight?
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Date:
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3/3/2020 10:28:50 AM
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Nope. I'm waiting for the panic to end. May give up some upside but timing the markets is a scary proposition. I just got lucky to have those funds in cash.
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Name: |
Carlson
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Subject: |
MM, you buying dinner tonight?
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Date:
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3/3/2020 2:13:05 PM (updated 3/3/2020 2:14:41 PM)
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CNBC is stirring up the panic! A business show that sounds more like CNN. You were absolutely right!
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Name: |
MartiniMan
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Subject: |
Better to be lucky than good
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Date:
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3/3/2020 3:21:18 PM
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I just had a sense that the left is so invested in not letting this crisis go to waste that the panic wasn't over just yet. Archie was probably really depressed yesterday but he is back in good spirits watching American's 401k go in the tank.
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Name: |
Carlson
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Subject: |
Better to be lucky than good
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Date:
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3/3/2020 4:04:19 PM
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The narrative by the media is so bad that you would think this is the plague all over again. This is the "flu"
but you were right once again. I suppose common sense is lost when the media has TDS!
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Name: |
MartiniMan
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Subject: |
Better to be lucky than good
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Date:
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3/6/2020 2:56:52 PM
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Finally decided what to do. I am going to buy $5K of Fidelity's index fund every week until I deploy all the cash. If things start to turn around more quickly I can always up the amount of the weekly buy. That way I am not as exposed to the wild market swings.
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