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You really think this virus will affect markets for a year or two? No way. It's already dying down. The more important factor that I see is that the Fed is lowering rates and using all their available tools. They won't have anything left for when unemployment rises.

Can you briefly explain your buy or sell signals?

No way. 2008 recession was based on economic fundamentals. Over extension of credit. We reached the end of a long-term debt cycle and everything became unleveraged very quickly. If there's anything right now that could cause something similar to that, it's not the virus. It's the same things...

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http://www.disastercenter.com/disaster/TOP100K.html And the 2004 tsunami killed 230,000.

True. Maybe I could get a whole cruise ship to myself. I'll just pack a Hazmat suit just to be safe.

Focus on northern Italy right now. Unless northern Italy starts seeing 3000+ new cases every day, then there will not be another location that gets as bad as Wuhan.

Ok. I was thinking "in the past hundred years."

Not entirely true. I hear the tourist attractions in Venice are empty. I bet the cruise ship industry will take a huge hit. But heavy industry will still remain.

The virus spent a few weeks infecting an average of 3000 people per day in it's epicenter. The total in Italy is about 2000. There is nothing to suggest that any other part of the world will get as bad as the original epicenter, which has already massively slowed down. Worst crisis of the...

TradeStation?

Why leveraged ETFs instead of futures?

What's your normal success rate like? How often are your predictions incorrect?

I agree. But it wouldn't surprise me if there were a couple days this week that are as bad as last week. It also wouldn't surprise me if the market was flat or positive for the week. Which is why I have no money in markets because I don't know I won't lose it. I'm pretty sure the panic over...

Why is gold moving with the markets? Last time someone said because you can't buy gold if you're scared to leave your house and catch a virus. Lol. Not sure if they were kidding, but that's not it.

Unless an area outside of China sees multiple thousands of new cases every day for at least 2 weeks... I wouldn't worry about it. The rest of the world has had time to prepare.

But how old is the data? Not when it was released.

I'll guess a big drop right out of the gate. But more flat for the week.

How delayed are the manufacturing numbers?

In terms of the global economy, I think it's more of a frenzy of panic. Doesn't mean I'm gonna fly to Wuhan and start licking things. It will be "interesting" to see if northern Italy will have the consistent 1000+ new cases per day like China was having for several weeks. I don't think it...