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The Swamp

  • #57,141
  • Mar 22, 2020 2:27pm Mar 22, 2020 2:27pm
Quoting IRISH37
{quote} Something is very wrong in Italy----the USA which is supposed to be so badly prepared is doing much better than Italy as regards the percentage of corona mortality.
Rest of Europe is 1-2 weeks behind Italy, I think US is roughly 2-3 weeks behind it like UK where Boris is still not taking this seriously, so wait 2 weeks and check if US does really better...
Simplicity is the Ultimate Sophistication.
  • #57,142
  • Mar 22, 2020 2:39pm Mar 22, 2020 2:39pm
Quoting longfellow
Karma He voted no on the Coronavirus Preparedness and Response Supplemental Appropriations Act {image}
what comes around..
those who can, do. those who cant, talk about those who can
  • #57,143
  • Mar 22, 2020 2:43pm Mar 22, 2020 2:43pm
In WA, lots of people are staying at home. Traffic is way down, as most places are closed. I haven't been to a store for about a week and I don't plan on going back until May. I still see crowds at the grocery stores, though, with very few people wearing masks. Granted, they probably couldn't find them if they wanted them.

I am going thru Wim Hof vids, trying to increase lung capacity and fortify my immune system.

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"If The Fool persists in his Folly he will become wise." - William Blake
  • #57,144
  • Mar 22, 2020 2:50pm Mar 22, 2020 2:50pm
Quoting broketrader
{quote} Rest of Europe is 1-2 weeks behind Italy, I think US is roughly 2-3 weeks behind it like UK where Boris is still not taking this seriously, so wait 2 weeks and check if US does really better...
OK--I understand. I love Italy and my fav city is Rome. Such a shame.
  • #57,145
  • Mar 22, 2020 2:56pm Mar 22, 2020 2:56pm
Quoting broketrader
Rest of Europe is 1-2 weeks behind Italy, I think US is roughly 2-3 weeks behind it like UK where Boris is still not taking this seriously, so wait 2 weeks and check if US does really better...
....the daily macabre numbers game is kind of like an atrocity that everyone wants to peek at. In reality, the USA is a big place and there are lots of places where there have just been a handful of cases or none. Over half of diagnosed cases are in NYC, probably over 90% are in 20 counties, in a country that has >3,000 counties.

The problem with the numbers also - you typically can't get tested unless you are already sick. Or think you are and can get through the screening. I heard of one place where there was a pretty large random sample (1,900) and it was found that 7% were positive.

And what was true then maybe different now.

I think the safer assumptions being made are that most people (>1/2) in the country (world) will be infected, eventually. The collective trick is to slow down the infection rate so that (hopefully) vaccines and therapies can come online, healthcare systems are not swamped.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #57,146
  • Mar 22, 2020 2:57pm Mar 22, 2020 2:57pm
Quoting broketrader
{quote} Rest of Europe is 1-2 weeks behind Italy, I think US is roughly 2-3 weeks behind it like UK where Boris is still not taking this seriously, so wait 2 weeks and check if US does really better...
yes pretty much this are the numbers. Italy i think it's close to it's peak
today deaths was lower also cases. hopefully with all the shutdowns it's going down from today.

but still 2-3 weeks hard for everybody else

Italy will be very important to follow. and since all the fear we will see from Italy when anything can come back but for the next 30 -60 days i don't think they can open anything.
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #57,147
  • Mar 22, 2020 2:59pm Mar 22, 2020 2:59pm
***Fed’s Bullard Says U.S. Jobless Rate May Soar to 30% In 2Q***
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #57,148
  • Mar 22, 2020 3:11pm Mar 22, 2020 3:11pm
What scares me is that governments, don't realize it, Italy has just ordered to halt all non essential production work, meaning the country shuts down until further notice, that was today, now you can count the days the other governments will wait and have more deaths before finally giving the same order.

We are behind, and as long as we are we will die, and there is no fucking president out there that understands that.
Simplicity is the Ultimate Sophistication.
  • #57,149
  • Mar 22, 2020 3:22pm Mar 22, 2020 3:22pm
Italy right now...
Military trucks transport coffins of coronavirus victims from to Bergamo cemetery

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But the rest of Europe still has to go to work tomorrow morning...
Simplicity is the Ultimate Sophistication.
  • #57,150
  • Mar 22, 2020 3:47pm Mar 22, 2020 3:47pm
NEW YORK GOVERNOR ANDREW CUOMO SAID THE WIDESPREAD STAY-AT-HOME ORDERS TO HELP COMBAT THE CORONAVIRUS PANDEMIC COULD LAST FOR UP TO NINE MONTHS- XINHUA

this is the worst call i've seen on timing. if it hold like this. i am prettu sure i can buy all stocks i want. but they will probably close everhing in 9 months is mad max.
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #57,151
  • Mar 22, 2020 3:50pm Mar 22, 2020 3:50pm
Quoting DMA Trader
NEW YORK GOVERNOR ANDREW CUOMO SAID THE WIDESPREAD STAY-AT-HOME ORDERS TO HELP COMBAT THE CORONAVIRUS PANDEMIC COULD LAST FOR UP TO NINE MONTHS- XINHUA this is the worst call i've seen on timing. if it hold like this. i am prettu sure i can buy all stocks i want. but they will probably close everhing in 9 months is mad max.
yeah in hindsight thinking I would be buying a deep dip is proving madness, glad I moved stance..advice here helped me save some serious £ as well as the mental drain of being deep red for months (or years).
  • #57,152
  • Mar 22, 2020 3:50pm Mar 22, 2020 3:50pm
Quoting broketrader
What scares me is that governments, don't realize it, Italy has just ordered to halt all non essential production work, meaning the country shuts down until further notice, that was today, now you can count the days the other governments will wait and have more deaths before finally giving the same order. We are behind, and as long as we are we will die, and there is no fucking president out there that understands that.
this will happen everywhere. they have protocols that are hit and they decide.
from what I understand here from doctors they have protocols in place on breaking some numbers. Italy probably broke a lever where there is not turning back.
like here people just started dying today. so new protocols in place. after 200 deaths other protocols. Now Italy requesting aid, medical, food, doctors.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #57,153
  • Mar 22, 2020 3:52pm Mar 22, 2020 3:52pm
Quoting gatorinla
{quote} what comes around..
fyi.... must hear u..
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  • #57,154
  • Mar 22, 2020 4:18pm Mar 22, 2020 4:18pm
pa may be testing 1.0707/12 ish.. it may hold as R
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those who can, do. those who cant, talk about those who can
  • #57,155
  • Mar 22, 2020 4:19pm Mar 22, 2020 4:19pm
Quoting Boulder
{quote} fyi.... must hear u.. {image}
good for tesla. they will also try to produce cars.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #57,156
  • Mar 22, 2020 4:24pm Mar 22, 2020 4:24pm
Quoting gatorinla
pa may be testing 1.0706 ish.. it may hold as R {image}
pretty extended 700 R - 800 R ?

can we think Europe is close to peak and US not ? or we still go after dollars ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #57,157
  • Mar 22, 2020 4:31pm Mar 22, 2020 4:31pm
Quoting Boulder
{quote} fyi.... must hear u.. {image}
2.5 months too late.
those who can, do. those who cant, talk about those who can
  • #57,158
  • Mar 22, 2020 4:32pm Mar 22, 2020 4:32pm
moron alert on the tube, in a few min.
those who can, do. those who cant, talk about those who can
  • #57,159
  • Mar 22, 2020 4:34pm Mar 22, 2020 4:34pm
Quoting gatorinla
moron alert on the tube
link ? my cnbc not working
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #57,160
  • Mar 22, 2020 4:35pm Mar 22, 2020 4:35pm
Quoting DMA Trader
{quote} link ? my cnbc not working

https://www.whitehouse.gov/live/?utm...tm_campaign=wh
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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