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The Swamp

  • #55,501
  • Mar 15, 2020 5:39am Mar 15, 2020 5:39am
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #55,502
  • Mar 15, 2020 6:42am Mar 15, 2020 6:42am
I got a new view on corona today from someone. I like it.
We cannot stop the virus.
We can either lock ourselves up for a year waiting for a vaccine or get sick in a controlled fashion and be done with it.
Getting sick in a controlled fashion you won't be infecting older people who can die from it.
I don't want to be locked down for a year.
  • #55,503
  • Mar 15, 2020 7:05am Mar 15, 2020 7:05am
Quoting xav
{quote} Yes, but this is treason. It's his job to be the last to give up. And we've seen in Italy that younger and younger people got seriously infected, like teenagers needing intensive care. And when there are no more available respirators for the incoming children then the stats will get darker in a hurry. How are they going to know what works and what doesn't if they don't test for it, if they don't count the cases and the outcomes? I see Switzerland way up on the list with such a relatively small population and probably one of the highest standard...
Treason? Treason was playing golf for 3 weeks in January. While getting the reports from China. When someone dont listen to science calling it a hoax is stupidity. And if anyone believes it's more than that. I got some ocean front property to sell you in Arizona. I knew about this in mid January just from talking to others on the net. Our moronic leadership knew well b4 me in late Dec. Yet chose to do nothing. And still tries to downplay the situation. I like the market, have no confidence in this leadership. The only rise in the market was a drastic emergency .5% cut with another .5-1.25% one anticipated. Followed by an additional 1.5 trillion announced repo. That was followed by Friday's announcement that is virtually a TARP program. We are talking trillions in new paper. Just face the fact we are in this situation from a con artist making it worse. We had time to take some defensive action by slowing the spread. Not that eventually we all wouldnt get it. But allowing it to hit us slower. And possibly spreading slow enough to where a vaccine could be found. Yet this moron is still telling people today, the warm weather will slow it or we will have a vaccine in months. He is above his mid management pay grade. Sitting back playing golf as the missiles are on the radar screen is criminal. People that shouldn't have died, will die. Not just in the U.S. but around the world. Because of a lack of leadership.
The U.S. had a team of experts, that could have got ahead of this. We have been through a pandemic before (1918). The U.S. believed in science until this last decade. Well this entire agency was dismantled in 2018 by this moron. So we now reap what we have sown. We had a leader and an entire news company calling this a hoax 10 days ago. At some point even the brainwashed/indoctrinated Bund deutscher Arbeiterjugend realised they were lied to. People were coned move on. If a news program has lied to you? And may have cause you or maybe 2 % of the world to die. Why would you trust them still? People are going to die from incompetence. That just a fact. And they can just blame themselves because they allowed it. And some still defend it.
those who can, do. those who cant, talk about those who can
  • #55,504
  • Mar 15, 2020 7:10am Mar 15, 2020 7:10am
Quoting DMA Trader
{quote} i thnik you are reffering to weekend wall street and DJI bets. there are many weekends that they are nor reliable. i am short from Friday ramp up on SPX. over this QE - bazooka thing and guarantee that nobody is going under. you can see rally gooing in next week Dow Jones to 25.000 maybe than another leg down. but those information are not really reliable over many weekends. it would be good for me though ... on trading
It was correct last sunday so lets see. Hovered around 900-1000 down. Italy reports virus numbers in about 5 hours also.
i shorted before close friday and also last friday was the same move big upmove before close then opening lower asia. Many losers getting sucked in over weekend and big losses asia opening. Especially last sunday with the oil price dump. Im also waiting for a higher price to short but we might not get it because of panic. The retrace move was so big this friday so might have been enough if we get a consilidation below open for a few days then more panic.
pretty big area below close to create a triangle if we take friday upleg as a first leg
  • #55,505
  • Mar 15, 2020 7:12am Mar 15, 2020 7:12am
Quoting gatorinla
{quote} Treason?And some still defend it.
why not let another scenario in play just like I've said

FED may be politically independent but not independent
is in incompetence ? or just playing interests since his style of leadership is the same as in his bankrupt business. ?
ceo's are kissing his a$$ because of incompetence or interests.

is human nature more incompetent or more corruptible. i think you are 100% right on lack of leadership and doing the work that is in charge to do
only thing is - is it incompetence or looking for self interest.

will He get another term because of taking care of his interest and his friends or will he lose another term because of not taking care of the people, lack of leadership ? or even incompetence
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #55,506
  • Mar 15, 2020 7:14am Mar 15, 2020 7:14am
https://finance.yahoo.com/news/nike-...114513829.html

after AAPL closing stores now NKE

March 15 (Reuters) - Nike Inc is closing all of its stores in the United States and several other countries in a move to curb the spread of coronavirus, CNBC reported on Sunday.
Nike stores in Canada, Western Europe, Australia and New Zealand will be closed from March 16 to 27, CNBC said.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #55,507
  • Mar 15, 2020 7:25am Mar 15, 2020 7:25am
Quoting longshot_nl
I got a new view on corona today from someone. I like it. We cannot stop the virus. We can either lock ourselves up for a year waiting for a vaccine or get sick in a controlled fashion and be done with it. Getting sick in a controlled fashion you won't be infecting older people who can die from it. I don't want to be locked down for a year.
But you're happy for families with young kids and bills to pay to be in isolation for 13 weeks and then longer as a result of no immunity or money to pay rent?

It's a desperate situation agreed but your way (which I want let's be clear - I am in 100% agreement with you) is your own self interest, not of the majority.
  • #55,508
  • Mar 15, 2020 7:25am Mar 15, 2020 7:25am
Quoting beszle
{quote} Gatorinla posted a really clever resource/idea some weeks back when i was a reader not poster - Tom tom traffic jams/traffic volumes, almost a perfect way to gauge true activity there. They are returning to work for real, Wuhan, I think not so much though...
see if nasa has a live or more recent picture of the nitric oxide. It and traffic won't lie. You can see what the world is doing this way. It eliminates the BS. Aud/yen is another..

https://www.cnbc.com/2020/03/02/nasa...-measures.html
those who can, do. those who cant, talk about those who can
  • #55,509
  • Mar 15, 2020 7:27am Mar 15, 2020 7:27am
Quoting beszle
{quote} But you're happy for families with young kids and bills to pay to be in isolation for 13 weeks and then longer as a result of no immunity or money to pay rent? It's a desperate situation agreed but your way (which I want let's be clear - I am in 100% agreement with you) is your own self interest, not of the majority.
Pay rent? When the peasants have enough. They gather torches, and pitchforks and rush the castle. It's in our DNA.
those who can, do. those who cant, talk about those who can
  • #55,510
  • Mar 15, 2020 7:36am Mar 15, 2020 7:36am
Quoting gatorinla
{quote} Pay rent? When the peasants have enough. They gather torches, and pitchforks and rush the castle. It's in our DNA.
I think we would all dearly love to see a reset but I think the elite vice grip is too tight.
  • #55,511
  • Mar 15, 2020 7:36am Mar 15, 2020 7:36am
Quoting gatorinla
{quote} see if nasa has a live or more recent picture of the nitric oxide. It and traffic won't lie. You can see what the world is doing this way. It eliminates the BS. Aud/yen is another.. https://www.cnbc.com/2020/03/02/nasa...-measures.html
I'll keep a keen eye cheers.
  • #55,512
  • Mar 15, 2020 7:38am Mar 15, 2020 7:38am
Hi guy's n girl's, i have always followed this thread with interest, as a few other's as well but prefer to stay on the sidelines so to speak.........look,listen and learn. I just wanted to say that i agree with the sentiment here about the american leadership, and i've no wish to offend anyone, i'm from the uk so i'm sort of standing back from the wood to able to see the tree's better if you get my meaning. I thought i was the only who could see Trump for what he is, and again i've no wish to offend anybody, but are the american people really that gullible as to believe one single word he say's!. To the rest of the world it's like story of the emperors new clothes!,the man's a completely inadequate idiot in a position way above his mental pay grade!, surely there cant be any chance of this moron getting re-elected is there,OR ...... are his owners really that powerful/in control.
  • #55,513
  • Mar 15, 2020 7:40am Mar 15, 2020 7:40am
Think about this when you play with USD about half of all US GDP
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #55,514
  • Mar 15, 2020 7:48am Mar 15, 2020 7:48am
US Recessions. look at 1918 flu but data is confusing imho since bounce in economic activity could signal technical exit from reccession
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #55,515
  • Mar 15, 2020 7:50am Mar 15, 2020 7:50am
Quoting DMA Trader
Think about this when you play with USD about half of all US GDP {image}
Some are coming to their senses. Locking in their money at less than 1% t-bills for 10 years is a lot to swallow. It did rise some last week. Maybe a lot of the panic is gone. We will see. Of course under 1% is better than a -30/50% loss in stock, in a bear market. Where will we be 10 years, has to be weighed. Time will tell. Bond guys are often the smartest, they yielded around .5%
those who can, do. those who cant, talk about those who can
  • #55,516
  • Edited 8:21am Mar 15, 2020 8:10am | Edited 8:21am
Of the cases recovered reported in Italy (42% dead). The ones with an outcome, meaning they recovered, or died. The ones with an outcome, no longer have the virus. The U.S. will have a situation like Italy in 2 weeks. Atm the same number in the U.S. is 52%.
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those who can, do. those who cant, talk about those who can
  • #55,517
  • Mar 15, 2020 8:52am Mar 15, 2020 8:52am
Quoting gatorinla
Of the cases recovered reported in Italy (42% dead). The ones with an outcome, meaning they recovered, or died. The ones with an outcome, no longer have the virus. The U.S. will have a situation like Italy in 2 weeks. Atm the same number in the U.S. is 52%. {image}
I've been following that number as well and have to admit that it looks scary, Italy has way more cases (reported) than the US.
  • #55,518
  • Mar 15, 2020 9:05am Mar 15, 2020 9:05am
Quoting Happy_Sniper
{quote} I've been following that number as well and have to admit that it looks scary, Italy has way more cases (reported) than the US.
Its estimated 50% of U.S. will get the virus. 9% will require hospitalization. Of the 9%, 52% are dying.

The U.S. has 327 million people. Half is 163.5. 9% of those is 14.71 million. 52% of those is 7.6518 million. (I stole Italy's 9% figure, the U.S. didnt have one)

The only way to reduce those dire numbers, is to slow the infection timeline enough to get a vaccine. Italy's death rate is high because it overwhelmed the healthcare system. Had it been allowed to throttle it down in January. Less people would have died. In the U.S. we did nothing for over 2 months. Incompetence has put all of us at a greater risk. Or turning down WHO's offer for test. If one can defend calling this a hoax instead of action. God bless your heart. Yes, I'm in the South, and mean it. Stop defending it. Start demanding action, stop allowing people to spread hoax nonsense. It's still being spread today. And if will kill people. "The village idiot" we got running our government, has yet to retract it.
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those who can, do. those who cant, talk about those who can
  • #55,519
  • Mar 15, 2020 9:13am Mar 15, 2020 9:13am
Or contract it
  • #55,520
  • Mar 15, 2020 9:13am Mar 15, 2020 9:13am
If he hasn't already I mean.
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