Posted on 03/09/2020 6:40:04 AM PDT by BenLurkin
Maybe. This shows how effective and useful tariffs can be, so much so that the Chinese are willing to create a simple cold virus strain that can kill old people so as to cause a panic in order to take down Trump. The Chinese will do anything to get the tariffs lifted. Anything it seems.
I smell the CIA, FBI and the Deep State in cahoots with the ChiComs to take down the economy and Trump..
Considering that my income is based on trading..and it has been for decades...I guess I know something about making money in the market..and also blowing up my account. Because I have also done that more than once in the early years.
It is damn painful
What if you had just stayed in? I figure if things get really bad, we'll have much bigger problems than the stock market. And odds are, ten years from now this will all be forgotten, and the market will have long since recovered.
Oh well, looks like I’m going to have to tune up. my self attitude about going into work on time for another couple of years. ;-)
I am probably the only one here that thinks that is funny. LOL!
Remember to update your anti corona virus definitions on your PC.
If you don’t hold options and it is just stock..and it is not subject to margin call then hopefully you will be fine.
What I worry about in a big way is holding options and then Trump decides to halt the stock market. Mnuchin was talking about how it wasnt time to talk about that ..I think last week..and it freaked me out a little at the thought of it.
I used to daytrade emini Russell futures. For about 10 years. People would ask me if it was stressful. My answer was always...I’m 100% cash by the end of the day and I sleep really well at night.
A friend sent it to me last night and I thought it was hilarious
Oil is down 20%. Yikes
https://www.bloomberg.com/energy
Not sure that’s true.
Never thought a big cap stock could go to zero until seeing it happen to Washington Mutual.
Yep. 100% correct in every word you said
What causes lack of demand for oil?
JUst took a look at COP stock..WOW..down 11. Oxy down almost 11 to 17
Oils stocks may be the place to go..because that will sort itself out.
Got to cogitate on this one.
The true test of your concern is poop on your hands.
Typing your concerns solves nothing.
You must go to the nursing homes and clean toilets.
The nursing homes are the battlefields.
Disinfectant is your ally!
Comrade,
Do you hear the cry of the raven on the Plains?
Comrade,
Have you swabbed down the toilet drains?
The story here, of course, is not the "economy" (you know, trading little pieces of paper around like it was doing something), but rather the pandemic.
But, of course, this is going to suck for many, many reasons, the "economy" among them.
As the old saying goes, "With the Russians in Frankfurt, the deutschmark is toilet paper".
Since we are running out of Charmin Ultra, maybe we can use stock certificates instead.
S&P is somewhat recovering - down 5.6% now (instead of 7+)
WTI is up to $34 -
so hopefully some sticking
Bargain hunters moving in.
“TURN THOSE MACHINES BACK ON!”
thanx. I should be ok. still playing with “their” money.
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