Any rally will be short lived

ElCubano said:
Eventually people will come back out. Humans are social butterflies. Once we see for ourselves 10-20 -100 of our friends get the virus and come out of it just like they do a flu people will be like f**k that.
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Probably not like a normal flu.

https://www.statnews.com/2020/03/18...of-risk-confirms-young-adults-not-invincible/

"The new data show that up to one-fifth of infected people ages 20-44 have been hospitalized, including 2%-4% who required treatment in an intensive care unit."
 
NY_HOOD said:
any rally will be short lived. Maybe we get a short covering rally when the senate finally pass a stimulous package. The package better over delivery or else we will get more selling. Any stimulous rally will be short lived as well because ultimately stocks are priced based on valuation and future valuation. There will be NO earnings visibility.
Apple has another 50-75 points down as does NVDA and a bunch of other chip stocks.
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What is your native language?
 
ElCubano said:
Besides we have no idea how much of anything is factored into the market. All we can go by is personal experience of the last several times this has occurred and it’s always been a win win to dip your toes strategically and buy the monster of all dips lol and it doesn’t have to be the exact bottom if you don’t use leverage and don’t need the funds for years to come.
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virus is not the only thing. Globalization will likely end

$3000 made in USA Iphones coming
 
LesterMoore said:
Probably not like a normal flu.

https://www.statnews.com/2020/03/18...of-risk-confirms-young-adults-not-invincible/

"The new data show that up to one-fifth of infected people ages 20-44 have been hospitalized, including 2%-4% who required treatment in an intensive care unit."
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The problem is that any number given are completely false. 1/5 of what? Of people proven to be infected? This doesn’t take into account the thousands already infected that do not show signs and have not been tested and/or have shrugged it off as a regular flu. So given that those numbers are completely false since they are not remotely accurate I can say that ur stat is probably 1/1000 and not 1/5. If the stat was actually 1/1000 then I bet the panic would subside. You will see in the coming weeks as more tests are done that all the panic stats will shrink to non panic numbers. I know 5 people so far and none have had any complications all in their 50s so there goes ur 1/5 number lol. The problem is that it’s happening all pretty much at the same time and overwhelming the health industry.
 
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ElCubano said:
The problem is that any number given are completely false. 1/5 of what? Of people proven to be infected? This doesn’t take into account the thousands already infected that do not show signs and have not been tested and/or have shrugged it off as a regular flu. So given that those numbers are completely false since they are not remotely accurate I can say that ur stat is probably 1/1000 and not 1/5. If the stat was actually 1/1000 then I bet the panic would subside. You will see in the coming weeks as more tests are done that all the panic stats will shrink to non panic numbers. I know 5 people so far and none have had any complications all in their 50s so there goes ur 1/5 number lol. The problem is that it’s happening all pretty much at the same time and overwhelming the health industry.
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that's true, But politicians are mighty in self destruction

New Zealand got 2 community cases which they were not able to trace
TWO cases

They shut down the country and ordered everyone at home for a MONTH
 
kashirin said:
that's true, But politicians are mighty in self destruction

New Zealand got 2 community cases which they were not able to trace
TWO cases

They shut down the country and ordered everyone at home for a MONTH
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Probably the best decision they ever made, so they don't turn into a cluster F like the USA has.
 
hhiusa said:
Well that didn't answer it. You implied you are long or just verbalising it.
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I'm a daytrader. So, I'm done for the day. I was long DIS, BA, CGC, SPCE, QQQ, etc. Up $2304.76 trading equities and up $540 trading index futures (MNQs). ALL long positions. I'm done for the day and flat.
 
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