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    Last month, there was a poster here on ET...

    He's the guy that said China is perfectly fine and wanted to take everyone on a trip there. Then he said buy the top and mortgage your house. The guy's account is melting and i'll admit, that's perfectly fine with me
  2. A

    If There Is A Virus X

    Desperation
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    Trump suspends travel from Europe to US for 30 days

    ohh makes sense. I was pretty naive to trust anything Russia put out. What a shithole
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    Trump suspends travel from Europe to US for 30 days

    They did the smart thing. I can't believe we are this stupid.
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    29 minutes ago: Coronavirus finally levels off in locations outside China

    Exactly. You need a full lockdown. Should have happened weeks ago.
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    This is not a bailout (Yeah, right!)

    Yeah they're delusional
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    29 minutes ago: Coronavirus finally levels off in locations outside China

    From the way youre posting, You must be getting killed in your positions. Aren't you the same guy screaming buy the dip when we were near highs?
  8. A

    Slowdown of Coronavirus in China may only be temporary

    This sums it up.
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    Slowdown of Coronavirus in China may only be temporary

    Interesting blurb in the middle of this CNBC article. It's being imported back into China the same way it left...... https://www.cnbc.com/2020/03/11/chinas-coronavirus-outbreak-has-passed-its-worst-says-ubs.html
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    29 minutes ago: Coronavirus finally levels off in locations outside China

    Its headed right back into China .....It's not done yet
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    29 minutes ago: Coronavirus finally levels off in locations outside China

    For now. You understand that it's being imported back into China the same way it left China right? It's coming full circle. The virus isnt going to be nearly as bad as the panic that's going to come.
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    There has to be solvency issues somewhere

    That's quite obvious as I stated in my post. With the burn rate of many of these companies they wouldn't last 6 months sub $35. DNR, MCEP, CHK, etc.
  13. A

    Italy's largest drop in history

    They'll bounce back before we will. The US has their head in the sand. We're going to be in the same boat unless we take some drastic measures.
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    There has to be solvency issues somewhere

    AIG? They are getting hammered. Blast from the past. 2008 all over again. AMTD ETrade getting beat up too.
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    The Dow Will Bounce Back. History Tells Us When

    Sometime between now and never.
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    There has to be solvency issues somewhere

    It's not the end of the world. It's certainly not ebola. But the effects of this type of panic is going to have serious effects that haven't come to fruition yet. Florida said if you stepped off an international flight, stay home for 14 days. NYC says dont go to work. When was the last time...
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    There has to be solvency issues somewhere

    Thanks, that's exactly what I was wondering. I saw the repo amount and it looked insanely high but wasn't sure if that was preventative or a reaction to something ongoing. My guess is it should show up soon.
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    There has to be solvency issues somewhere

    Right now airlines, cruises, oil, casinos, and banks are getting hammered. No one is going to step foot on a ship for months. Oil companies were racking up huge debt and a few months ago just starting to look ok. With oil sub 30 they have to be bleeding. Banks are going to get creamed once...
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    Can one of you metalheads explain why gold hasn't shot through 2000 today?

    stocks havent bottomed. Gold is like any other commodity. Look what it did during the 2008 crash. Fell off a cliff. Everyone dives into bonds, not gold. It didnt rebound until the crisis was over in 2009.
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    Have Option Gamma Trades Taken Control of the Market?

    Absolutely. Not a doubt in my mind based on what i've seen. These huge positions into expiration has had a huge impact on the market. Premiums are skyrocketing though unfortunately. Great time to be making money if you know where to look. Won't be for long. I'm worried this may reshape the...
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