Down goes the Dow

agip wrote:

seattle prattle wrote:

what worries me is a vicious cycle: less discretionary spending (which could be due to people choosing not to and because employment aid packages running out), which creates more lay-offs, which begets yet less spending....

Add to that, I would think the rich spenders tend towards the older segment of the population, and they are the ones that aren't coming out no matter what opens up.

So, those that would spend will find it harder to do so as aid runs out and lay-offs increase, and those that can spend, won't ..... until there's a vaccine.

yeah...so if that happens the gummint would borrow another 5 trillion and send out the helicopters.

true enough, so let's just wait for that ZeroHedge chart to appear with the red dashed arrow pointing down and use that as our buy signal.

Here you go! Straight from Russia ??:

https://www.zerohedge.com/s3/files/inline-images/bfm8C12.jpg?itok=BvEmF3wR

?

If I knew a website was making foreigners rich off right wing lies and propaganda I wouldn't associate myself with it.

I’ll be a good guy and just say have a nice weekend. Weather will be nice here.

...happy Juneteenth!

I learned about Juneteenth decades ago. Most act if it is some revelation.

Ghost of Igloi wrote:

I learned about Juneteenth decades ago. Most act if it is some revelation.

You always were smarter than everyone else. But then you knew that.

well, i guess my invite was lost in the mail, then?

If it's that fiasco in Texas concerning freeing the slaves, yeah, i heard about that. Sad.

Idiot Wind wrote:

Ghost of Igloi wrote:

I learned about Juneteenth decades ago. Most act if it is some revelation.

You always were smarter than everyone else. But then you knew that.

No, people like you are just mindless drones and let others think for you.

Ghost of Igloi wrote:

Idiot Wind wrote:

You always were smarter than everyone else. But then you knew that.

No, people like you are just mindless drones and let others think for you.

So says the guy who posts tweets from financial idiots. Where’s that irony guy?

So says Detector Dude the guy with over a dozen handles.

This is the problem with this market...now *seems* like a good time to sell and walk away or short it...but oh yeah the VIX is 35. Which historically speaking is a VERY high number. Eyeballing the VIX chart, we've only hit that number during a half dozen events in a generation. And obvi each of those was a huge buying opportunity.

I mean this is financial crisis levels of fear in the market. Blood on the streets time, when you are supposed to buy buy buy.

Ghost of Igloi wrote:

I’ll be a good guy and just say have a nice weekend. Weather will be nice here.

good on you.

So I'm hurt...some kind of problem in my lower hamstring or back of my knee. Been cross training indoors. It'll probably work out ok...I'll get a rest and maybe have time to be back in shape when it cools off in the fall.

Not even daring to hope about races, but who knows...maybe some time trial type races will happen.

Ghost of Igloi wrote:

Idiot Wind wrote:

You always were smarter than everyone else. But then you knew that.

No, people like you are just mindless drones and let others think for you.

Can I blame my public education teachers? I don’t recall ever hearing about it until recently.

Just wish we could all get along. And that the market would always rise.

Earnings Scorecard: For Q2 2020 (with 6 companies in the S&P 500 reporting actual results), 5 S&P 500 companies have reported a positive EPS surprise and 4 S&P 500 companies have reported a positive revenue surprise.

It originated in Texas, so learned about Juneteenth when I moved there in 1982. Never was what it has become this past week. Good mostly, but tinged with politics. Like everything lately.

agip wrote:

This is the problem with this market...now *seems* like a good time to sell and walk away or short it...but oh yeah the VIX is 35. Which historically speaking is a VERY high number. Eyeballing the VIX chart, we've only hit that number during a half dozen events in a generation. And obvi each of those was a huge buying opportunity.

I mean this is financial crisis levels of fear in the market. Blood on the streets time, when you are supposed to buy buy buy.

i head something which i don't admittedly fully understand but the gist was be careful when the vix is high and the markets are high as measured over a 20 day period, becuase historically it has commonly been followed by some big market corrections. The warning was that it hasn't been a full 20 days yet, but something to keep an eye on if it were to go that far.

agip wrote:

Ghost of Igloi wrote:

I’ll be a good guy and just say have a nice weekend. Weather will be nice here.

good on you.

So I'm hurt...some kind of problem in my lower hamstring or back of my knee. Been cross training indoors. It'll probably work out ok...I'll get a rest and maybe have time to be back in shape when it cools off in the fall.

Not even daring to hope about races, but who knows...maybe some time trial type races will happen.

My experience “lower hamstring, back of the knee” is an over extension. I would not stretch it. Elliptical might irritate. Might try spin bike or swimming. See if they irritate it.

Ghost of Igloi wrote:

agip wrote:

good on you.

So I'm hurt...some kind of problem in my lower hamstring or back of my knee. Been cross training indoors. It'll probably work out ok...I'll get a rest and maybe have time to be back in shape when it cools off in the fall.

Not even daring to hope about races, but who knows...maybe some time trial type races will happen.

My experience “lower hamstring, back of the knee” is an over extension. I would not stretch it. Elliptical might irritate. Might try spin bike or swimming. See if they irritate it.

+1 on the "would not stretch it." Hamstrings are nagging injuries because they partially heal enough to run so runners run too much too soon. It's okay for 1 mile, okay for 2 miles, and then, twang... it's pulled again and the healing must start over from day one. Better to be conservative and restrict range of motion... no running and when you can run, no speed, no hills, no accelerations, and no distance. If you restrict range of motion for 3-4 weeks, the hamstring can heal and you can resume training.