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The Swamp

Quoting gatorinla
{quote} True. The sad part is, we have to wait for "if". I see 3 trillion reasons for a rise. We have a stock market dependent on government welfare. On its own, it would drop like a rock. I think all the "free market" guys lost their voice.

YES, agree 100%!!!! That's been something I've had to adapt to (annoying) since they vocally entered the market.
Quoting mmccormac
{quote} YES, agree 100%!!!! That's been something I've had to adapt to (annoying) since they vocally entered the market.
When one's principles are based on money. I call that a prostitute. How much for sex is the next question.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} When one's principles are based on money. I call that a prostitute. How much for sex is the next question.
Now that your a proven prostitute, lets negotiate the price. Like one would do a crack whore.

I'm fun with principled friends at parties.
those who can, do. those who cant, talk about those who can
Quoting longfellow
Can't believe equities are positive. Covid cases growing at faster rate than earlier peak. The rest of the world is putting the US in quarantine and asking us to stay away. States are now halting further reopening plans and reversing some openings. This is a carnival ride and I can only see bolts flying off in the future. I am short S&P. Going to hold.
Markets can stay irrational longer than you can stay solvent.
Happy Trading
Quoting gatorinla
{quote} Now that your a proven prostitute, lets negotiate the price. Like one would do a crack whore.

They have been buying up all the junk debt (trillions) instead of letting the markets correct themselves and shed the bad debt via PA/bankruptcies... At some point BAD DEBT is still going to be bad debt & it's going to make the correction MUCH worse--Hasn't even started yet--. Unprecedented times.
Quoting extract
{quote} Markets can stay irrational longer than you can stay solvent.
True. In my case, not a large position. Just enough to peg my wtf meter.
Follow the money --Mark Felt (Deepthroat)
Quoting extract
{quote} Markets can stay irrational longer than you can stay solvent.

Exactly.
Quoting gatorinla
lower lc.. 1225 may be a short. A place to start looking. other R 1233, 44, 50/60 area. Textbook 1225
short refill 1229 here
Quoting mmccormac
{quote} They have been buying up all the junk debt (trillions) instead of letting the markets correct themselves and shed the bad debt via PA/bankruptcies... At some point BAD DEBT is still going to be bad debt & it's going to make the correction MUCH worse--Hasn't even started yet--. Unprecedented times.
Corporate debt is the highest ever, it was before corona. 1/3 was junk b4 corona. Now its just a crash waiting for a reason. the 3 trillion $ band aid. may need to be 20X bigger.. Who has the stomach for that in government. .
those who can, do. those who cant, talk about those who can
The U.S. has a new high on daily reported corona cases. So in 14ish days, deaths should be near a new high per day.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
The U.S. has a new high on daily reported corona cases. So in 14ish days, deaths should be near a new high.

Colorado has a pretty nice website & data stream for the corona virus... The Colorado death rate peaked quite awhile ago (early April) even though the cases did not, and now the percentage is very low vs. the new cases, take a look:

https://covid19.colorado.gov/data/case-data
Quoting mmccormac
{quote} Colorado has a pretty nice website & data stream for the corona virus... The Colorado death rate peaked quite awhile ago (early April) even though the cases did not, and now the percentage is very low vs. the new cases, take a look: https://covid19.colorado.gov/data/case-data
yeah, its not so bad when the hospitals are not overwhelmed. Texas and others are about to be overwhelmed. It means people die waiting for beds. Not just corona patients. All people in need of a bed for heart attacks etc. Your looking at Colorado where they were not overwhelmed like the North East.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} yeah, its not so bad when the hospitals are not overwhelmed. Texas and others are about to be overwhelmed. It means people die waiting for beds. Not just corona patients. All people in need of a bed for heart attacks etc. Your looking at Colorado where they were not overwhelmed like the North East.

Another point could be age... Other states (Arizona/Florida & others) probably have an older population which will most likely increase the rate of death. The hospitals here have not been impacted at all like you said. Empty parking lots at the hospitals.
Quoting mmccormac
{quote} Another point could be age... Other states (Arizona/Florida & others) probably have an older population which will most likely increase the rate of death. The hospitals here have not been impacted at all like you said. Empty parking lots at the hospitals.
methods have improved too. I was looking on youtube for Texas nurses. They have a few out there with ER nurses and docs. They are exhausted mentally and physically.

Retirement in Florida and Arizona has a bulls eye.
those who can, do. those who cant, talk about those who can
Quoting Boulder
{quote} short refill 1229 here
TP out 1218 +10
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Quoting gatorinla
this may be a bear flag. 30 min {image}
.
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those who can, do. those who cant, talk about those who can
All those shorting (and placing stops above the top channel) on equities are going to get hit as they push price through them... Coming very soon.
Quoting mmccormac
{quote} Another point could be age... Other states (Arizona/Florida & others) probably have an older population which will most likely increase the rate of death. The hospitals here have not been impacted at all like you said. Empty parking lots at the hospitals.
Yeah the new cases are weighted to the young. But they may go home to moms when sick.

Lung transplants for the young are at a high. (corona related)
those who can, do. those who cant, talk about those who can
Dozens of secret service assigned to Trump, and Pence. Were told to self quarantine. Lets do some math. Oklahoma had 1 team (maybe 2 teams), and they are out for 14 days. I dont know how many teams they have. I bet its 3 or 4. If the rally's continue, he will run out of Secret Service. He is going to Wisconsin next. He may have 2 teams at a time ( working 12 hour shifts..). Both teams can get knocked out on 1 rally. When doing a shift change, you have contact with the guy you replace. He may run out of Secret service soon.

Not to mention Some Secret service have close contact with Pres and Vp
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Yeah the new cases are weighted to the young. But they may go home to moms when sick. Lung transplants for the young are at a high. (corona related)
I hear docs talking about this..
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those who can, do. those who cant, talk about those who can
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