ROFLMAO!

If you get tired of your day job, maybe you can be the next Eddie Murphy.

https://www.bbc.com/news/explainers-51265169

Truer words have never been written, and I do zackly that with most of the portfolio. But I keep a side account to play with.
The challenge was to see how long it would take to double. And it might have eventually happened if it weren't for that darned Tecate-virus ......

I'd personally like to see an S&P 2750, I've still got some retirement chips sitting in cash.

On the contrary, it's a day trader's wet dream !

Will we see the hanging tits formation ? That's the question.

did you use a Deere to place that rock?

or a Bobcat?

REPO..REPO...REPO..The FED is at the REPO window with 60B a day..30B to 40B a day is accepted.. but that doesnt scare none of you now does it?

The FED has increased its balance sheet by 500B to a new high of 4.2T..with no end in sight. There is no stopping it now. But th itat dont scare none of you now does it?

Starting in September a lot of economic indicators like the Dry Baltic started to fall off a cliff. But that dont scare none of you of you now does it?

Again there is an inversion of the 10 year Treasury and the 3 month Treasury..with the 10 year hitting all time lows at 1.3% ..but that dont scare none of ypu now does it?

There is apx 15T in negative interest rate bonds out there..But that dont scare none of you now does it?

Month end rebalancing will create some mechanical buying of equity.

And that is all you have to say...

What is going on with the Corona Virus and Equities is that the problem is an external problem to the economy that is effecting Equities. Rather than a SYSTEMIC breakdown where the economy just can not carry on with the debt load and debased currencies. Get rid of Corona and we carry on as before. The real threat is that the economy falls down and can not get back up again.

This ^^^^is called THREADING THE EYE OF THE NEEDLE...

Futures looking weak.

http://lifelibertytech.com/wp-conten...68-230x300.jpg

http://missashleypants.com/wp-conten...allthefish.gif

https://foodforthethinkers.files.wor...-gonna-die.gif

Tnxp :)

The firewall is at 3000 on the sp500.

welcome back blabs

Gilead's drug is in clinical trials now

Somewhere along the line there's is going to be a buying opportunity.

I don't think we have seen the bottom.

WOW! The last half hour of the SP 500 was better than a E ticket ride at Disney Land...The SP went from apx 3015 to 2978.49 as FEAR WON THE DAY.. There was a see saw battle at 3009 for a few moments as sentiments swayed back and forth...but as stated FEAR WON. Nobody wanted to go long overnight


"The Corona Virus is just the match that lit the fire. Since September of 2019 when the FED started hitting the REPO window adding liquidity on a daily basis there has been fear on the street. Everybody knows that if the FED had to start juicing again it did not bode well, especially after all the kings horses and kings men have tried everything that they can conceive of to get the economy healthy again. That is why the FED is loath to call it QE4."...Some Observer 2/27/20

The pressure is now on the FED to make a move. Lower interest rates, make soothing comments, they are already at the window providing liquidity..So the question become what if the FED move DOES NOT CALM THE WATERS and the FEAR persists?

I got a hunch that it has over-corrected for the tech stuff and will bounce, but sketchy stuff like Boeing and tesla and some others aren't done dropping.

And by hunch I mean I don't have any idea ;)

As I said local politics have nothing to go with it. coronavirus is GLOBAL.


Here's some sand for some of you guys


http://forums.pelicanparts.com/uploa...1582840525.jpg

"Just in time supply chains could collapse" as a geographical area could get hit shutting down those parts suppliers. The US auto makers buy 11.6B in auto parts from China...Which is about 3 plus times the next nations supply of parts from China. There in lies the problem if a disruption occurs as a local economy could get hit hard. This VULNERABILITY is a further case against Globalization, and a furtherance of NATIONALISM.

If you recall I talked about it in 09, as a hegemonic nation* like the US loses power Chaos and FRAGMENTATION results...Fragmentation equals Nationalism as each nation seeks to protect it's own.

*The real hegemonic power of the US has been it's Globalized Economy. Where everybody is intertwined with everyone else under the rubric of the USA..and it's central pillar the USD as Reserve Currency.

Here is an investor finding some xlnt. values by bottom fishing....


http://forums.pelicanparts.com/uploa...1582842618.gif

BTW, I'll buy the dip, not the bump, just sayin'.

The potential drags on the market are very real.

I smell a buying opportunity.

Just wait until that schitt starts to spread state side, and it will. We haven't seen the bottom yet.

Media is licking it's chops.

sacred feces this is more than just a correction.

Just got off the phone with my account. Wanted to know what the max contribution is for a SEP IRA. Cover me boys! I'm going in!! Not today but I'll probably do a trade that will post on Monday. One of my more aggressive funds has Apple, Microsoft and a few others that have been hit hard.

Wish I had some cash to invest here...but just cashed out about 35% of my 401K and with than and my savings...bought a house for cash (and renovated it)...so I am very illiquid. I was regretting the move and crying about paying all the taxes...but not so much now.

S&P is at Jan '18 levels.

Into the valley of death rode the S&P 500.

2889

I'm holding out for sub 2750.

It's almost as if some people WANT the market and economy to crash.
Weird.

"never let a good crisis go to waste"?

Especially if it's manufactured.

I am a rubbernecker. "Holy cow, look at that wreck up ahead!"

my investments and assets are worth the same (as of close yesterday) as on February 6th, 2020 and are up YTD.
So I've lost three weeks.
Where does time go? ;)

http://forums.pelicanparts.com/uploa...1582907533.jpg

Like I said, day trader's wet dream.

More like they have peed their pants with fright.

I hope you boyz maintain a list of stocks to buy in times like these...