The Swamp | Page 2904 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #58,061
  • Mar 28, 2020 2:35pm Mar 28, 2020 2:35pm
Quoting DMA Trader
wall-street is decoupled. from main-street. i grues it's like this in Europe Maybe US with all the stimulus will get back on it's feet faster
Trump talking about a quarantine for NY, NJ, & CT....would mean Wall Street would have to shut down?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,062
  • Mar 28, 2020 3:27pm Mar 28, 2020 3:27pm
Quoting The Fool
{quote} Trump talking about a quarantine for NY, NJ, & CT....would mean Wall Street would have to shut down?
it can be done electronically.
those who can, do. those who cant, talk about those who can
  • #58,063
  • Mar 28, 2020 3:39pm Mar 28, 2020 3:39pm
Trump wants to have his signature on the relief checks that go out.
Los Angeles set to explode this week. Then NOLA the week after.

This tweet has aged well.
Attached Image
Follow the money --Mark Felt (Deepthroat)
  • #58,064
  • Mar 28, 2020 3:58pm Mar 28, 2020 3:58pm
Quoting The Fool
{quote} Trump talking about a quarantine for NY, NJ, & CT....would mean Wall Street would have to shut down?
i think they already move trading to electronic. and worked ok all week
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #58,065
  • Mar 28, 2020 3:59pm Mar 28, 2020 3:59pm
going worse than Italy

USA already has 120.000 cases .... 2000 deaths
Attached Image (click to enlarge)
Click to Enlarge Name: nymadrid.jpg Size: 190 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #58,066
  • Mar 28, 2020 4:20pm Mar 28, 2020 4:20pm
Quoting DMA Trader
i think they already move trading to electronic. and worked ok all week
I wonder....electronic trading from various offices and all the back office front office stuff that goes to support trading - that is not people working from home. I'd bet if they have enforced quarantine in NYC there will be no choice but to suspend trading. Time will tell...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,067
  • Mar 28, 2020 4:25pm Mar 28, 2020 4:25pm
Quoting The Fool
{quote}I wonder....electronic trading from various offices and all the back office front office stuff that goes to support trading - that is not people working from home. I'd bet if they have enforced quarantine in NYC there will be no choice but to suspend trading. Time will tell...
Just as DMA said it worked all last week, should be fine i would think. Also NASDAQ is already a fully electronic stock exchange.
https://www.google.com/amp/s/techcru...ding-only/amp/
Attached Image (click to enlarge)
Click to Enlarge Name: 8066BA4D-D35E-416C-BD86-5DDA7A2F227E.png Size: 96 KB
Motivation comes from within
  • #58,068
  • Mar 28, 2020 4:44pm Mar 28, 2020 4:44pm
120.867 cases - 2017 deaths
-New York: 52,318 -
New Jersey: 11,214 -
California: 4,980 -
Michigan: 4,650 -
Massachusetts: 4,257 -
Florida: 3,763 -
Washington: 3,723 -
Illinois: 3,491
Attached Image (click to enlarge)
Click to Enlarge Name: usacorona2.jpg Size: 71 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #58,069
  • Mar 28, 2020 7:23pm Mar 28, 2020 7:23pm
Quoting messi80
{quote} Just as DMA said it worked all last week, should be fine i would think. Also NASDAQ is already a fully electronic stock exchange. https://www.google.com/amp/s/techcru...ding-only/amp/ {image}
Pointless to argue about it here. Most trading has been electronic for years. (The merc is more or less just a backdrop for various CNBC video slots.) That doesn't mean people don't leave their homes to got to work for trading and to do all the related support work. Anyway, I'm not sure they are talking about keeping people in their homes in NYC anyway, yet. There's not enough troops to go around to enforce quarantines in more than a few of the biggest cities anyway.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,070
  • Mar 28, 2020 7:41pm Mar 28, 2020 7:41pm
Amazon UK was spose to have nifty at-home virus test kits...soon....not there yet. This kind of reminds me of the '80's....ok I like you if you can get tested for HIV we can do it....it'll be just a few more weeks.....
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-03-28_1738kits.png Size: 122 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,071
  • Mar 28, 2020 7:46pm Mar 28, 2020 7:46pm
Quoting The Fool
{quote} Pointless to argue about it here. Most trading has been electronic for years. (The merc is more or less just a backdrop for various CNBC video slots.) That doesn't mean people don't leave their homes to got to work for trading and to do all the related support work. Anyway, I'm not sure they are talking about keeping people in their homes in NYC anyway, yet. There's not enough troops to go around to enforce quarantines in more than a few of the biggest cities anyway.
There was a bunch of talk about it a few weeks back for NY stock. I dont know about the Dow. I do know the women at NYSE at first was going to leave it open. Then later decided to close it when one of the traders tested positive. They were taking temps on everyone b4 entering the floor each day. That ended a week or 2 ago. I lost track of time. I didnt pay much attention because it wasn't my focus. I do remember the women doing a interview about leaving it open despite corona, scrubbing it each night, and not allowing regular maintenance people on the floor during trading hours. Maybe a second interview to close it down. The women is the boss. I dont recall her name
those who can, do. those who cant, talk about those who can
  • #58,072
  • Mar 28, 2020 7:52pm Mar 28, 2020 7:52pm
Quoting gatorinla
{quote} There was a bunch of talk about it a few weeks back for NY stock. I dont know about the Dow. I do know the women at NYSE at first was going to leave it open. Then later decided to close it when one of the traders tested positive. They were taking temps on everyone b4 entering the floor each day. That ended a week or 2 ago. I lost track of time. I didnt pay much attention because it wasn't my focus. I do remember the women doing a interview about leaving it open despite corona, scrubbing it each night, and not allowing regular maintenance...
It says 2 people here..


Not sure about Chicago, but Rick S is not on the floor like normal..

Nasdaq already electronic.
They likely will all do the same.
https://www.cnbc.com/2020/03/18/nyse...ronavirus.html
those who can, do. those who cant, talk about those who can
  • #58,073
  • Mar 28, 2020 8:00pm Mar 28, 2020 8:00pm
Anybody can do the math and see what is coming for NYC, NOLA, many other dense population centers. Also not hard to imagine the reactions. We already have state governors talking about closing their borders. Closing the exchanges not at ll hard to guess at either. Maybe not a bad time to raise cash.....which anyway has been the dominant market activity in the last few weeks.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,074
  • Mar 28, 2020 8:02pm Mar 28, 2020 8:02pm
Closing he floors not that big of a deal - open outcry (floor) trading mostly a thing of the past anyway. The point I have been trying to make is they can't operate the exchanges if they have the city on lockdown.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,075
  • Mar 28, 2020 8:07pm Mar 28, 2020 8:07pm
Quoting The Fool
Anybody can do the math and see what is coming for NYC, NOLA, many other dense population centers. Also not hard to imagine the reactions. We already have state governors talking about closing their borders. Closing the exchanges not at ll hard to guess at either. Maybe not a bad time to raise cash.....which anyway has been the dominant market activity in the last few weeks.
If the markets start dropping, 40%.. they may decide to have some holidays like 911.. This coronavirus will kill more than 911.. And probably more than we lost after in 911, Iraq and Afghanistan. Maybe a few more wars can be added by the time its over.
those who can, do. those who cant, talk about those who can
  • #58,076
  • Mar 28, 2020 8:14pm Mar 28, 2020 8:14pm
Quoting The Fool
Closing he floors not that big of a deal - open outcry (floor) trading mostly a thing of the past anyway. The point I have been trying to make is they can't operate the exchanges if they have the city on lockdown.
skeleton crew, for essential personnel only. Somebody may be needed to open the market and ring the bell. Other than an new IPO, it could be electronic.
those who can, do. those who cant, talk about those who can
  • #58,077
  • Mar 28, 2020 8:14pm Mar 28, 2020 8:14pm
Pestilence, Famine, War, and so on...

https://en.wikipedia.org/wiki/Four_H...the_Apocalypse
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,078
  • Mar 28, 2020 8:22pm Mar 28, 2020 8:22pm
Quoting The Fool
Pestilence, Famine, War, and so on... https://en.wikipedia.org/wiki/Four_H...the_Apocalypse
well its been said fire will be part of the end.. some fire may have shook one of those bats out a cave. Then someone caught it and brought it to a Wuhan. The rest is history.

https://chinadialogue.net/article/sh...SAAEgLtxvD_BwE
those who can, do. those who cant, talk about those who can
  • #58,079
  • Mar 28, 2020 8:26pm Mar 28, 2020 8:26pm
Mother Nature could be saying "enough"....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,080
  • Mar 28, 2020 8:29pm Mar 28, 2020 8:29pm
Quoting gatorinla
{quote} If the markets start dropping, 40%.. they may decide to have some holidays like 911.. This coronavirus will kill more than 911.. And probably more than we lost after in 911, Iraq and Afghanistan. Maybe a few more wars can be added by the time its over.
The story goes that they closed the NYSE after 9/11 not because of the market drop, but because people were afraid (en masse) to go into the City to work.....they kind of had downtown lockdown then. We could see it again for this new threat.
"If The Fool persists in his Folly he will become wise." - William Blake
41 traders viewing now