^says the troll that has lost his @$$ in 2020.....back to 2016 levels.....how’s 2011 looking?.....bet you feel like a big dope....all the wasted years of trolling...
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^says the troll that has lost his @$$ in 2020.....back to 2016 levels.....how’s 2011 looking?.....bet you feel like a big dope....all the wasted years of trolling...
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^Detector Dude, you are such a loser, so happy to see you eating it....all...including the dessert...makes me smile...
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Hate to break up your misery-fest, but futures are looking pretty strong at the moment.
seattle prattle wrote:
Ghost of Igloi wrote:
You’ll learn the hard way. Most people do.
My brokerage portfolio was up today. And i have no short positions. Maybe i'm just a fast learner.
How?
How can I make money if I think this will drop more but long term optimistic.
mmm? wrote:
seattle prattle wrote:
My brokerage portfolio was up today. And i have no short positions. Maybe i'm just a fast learner.
How?
I don't want to jinx it by over analyzing it, but mostly have let my position in Netflix ride, and even added a lot of it today early. I see that my nasdaz 1000 ETF was up. That's probably the bulk of it. Oh, The Amazon - leting that one ride as well. THere you have it.
mmm? wrote:
How can I make money if I think this will drop more but long term optimistic.
There's a saying, don't try to catch a falling knife. Look for a change of sentiment and then start nibbling. It's not easy to do at all, and many times the market will reverse on you and sell off again. ANd again.
fisky wrote:I was wrong. Thank you for pointing it out. Still, no one in the CDC or the government seems willing to state the IF... THEN... scenarios of failing to contain this virus.
What we are all in the middle of is the intersection between the interests of the individual(s) and interests of society as a whole. We are each confronted with conflicting existential threats: the possibility of financial ruin from job loss and devaluation of assets on the one hand, and the possibility of sickness and death on the other. For most individuals, the cost-benefit trade-off analysis likely tips strongly in favour of preserving wealth, given that each of us likely perceive our own chances of getting sick and dying as being very low, perhaps not credible. Society faces a similar conflict: global recession (depression?) on the one hand versus legitimate threat of substantial loss of life on the other.
It's a very difficult problem for each of us and for society to understand and appreciate these threats and balance them rationally. We are confronted with considerable uncertainty (how lethal is the infection really, how easily does it spread, how effectively can we slow it through social distancing; what will be the economic consequences of action, etc), and are fighting against time (our understanding of the situation, which evolves exponentially, lags by days or weeks, so by the time we think we understand it, it may be orders of magnitude worse).
Therein lies the challenge for each of us and for society as whole, to try to untangle that impossible puzzle and make a fast, difficult decision in the face of inordinate uncertainty.
I apologize for the tone I've conveyed in this discussion; I know I've been very harsh. This reflects my own point of view that the risks to society are more important than those to the individual, and I really believe we each need to do our own part to prevent mass loss of life, regardless of the short to medium term financial hardship (which will be widespread and severe).
I hope that explains my point of view. I will refrain from further pontificating and belittling. Stay safe everyone!
If I may quote two of my all time favourite people, Spock and Kirk, "the needs of the many outweigh the needs of the few..." "... or the one."
Sure, this is why we have leaders, and why trump is leading us to disaster.
Bounce back in 2021 is the consensus, but trump knows that will destroy him, so denial is the only strategy.
He really should be dismissed for mental incapacity if he can’t bring himself to face reality.
seattle prattle wrote:
My brokerage portfolio was up today. And i have no short positions. Maybe i'm just a fast learner.
Right. Market down -- but you're up. Got it.
jesseriley wrote:
Sure, this is why we have leaders, and why trump is leading us to disaster.
Bounce back in 2021 is the consensus, but trump knows that will destroy him, so denial is the only strategy.
He really should be dismissed for mental incapacity if he can’t bring himself to face reality.
Can we please ban this Commie from this thread please? I want to read the discussion about the market, not this Stalin-lovers attacks on Trump every day.
Compared to personal attacks?
Well before Covid-19, and we have a long, long way to go:
https://twitter.com/NorthmanTrader/status/1242378267182747648
All eight indexes on our world watch list posted losses through March 23, 2020. The top performer is China's Shanghai with a loss of 9.98%. Hong Kong's Hang Seng is in second with a loss of 19.1% and in third is India's BSE SENSEX with a loss of 27.48%. Coming in last is France's CAC 40 with a loss of 34.52%.
Why would the market surge on stimulus hopes? Was there ever any doubt of a large stimulus package? Silly
There have been 2 already, at least 2 more near-term (in discussion). Again, Germany should have the least long-term damage; USA double or triple that.
Portia wrote:
All eight indexes on our world watch list posted losses through March 23, 2020. The top performer is China's Shanghai with a loss of 9.98%. Hong Kong's Hang Seng is in second with a loss of 19.1% and in third is India's BSE SENSEX with a loss of 27.48%. Coming in last is France's CAC 40 with a loss of 34.52%.
CDs coming in at a steady 1%.
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jesseriley wrote:
There have been 2 already, at least 2 more near-term (in discussion). Again, Germany should have the least long-term damage; USA double or triple that.
Germany has a GDP of less than 4 trillion. The US had a GDP of about 20 trillion last year. So if we're only 2-3x worse than Germany then we'll probably be OK.
Disinformation dipshi+