CV not even remotely close to being priced in

[Turveyd]

Tsk tsk tsk @Turveyd, here you go spinning stories again. Where are the "millions dying homeless" facts from? Ah, never mind, it's just your dramatic spin.

Economic cycles are a thing, this was as good a catalyst as any. People didn't save at all and spent as much as they earned, this is a lesson for them and they should learn from it. Most sensible people have savings and are doing absolutely fine. Going by your "my mate" stories, I don't know anyone who's in serious trouble. Most are surviving just fine.

I think we should collect people like yourself and make you work as forced labor in the ICU Covid wards handling the patients. That would be a win/win.

Do you mean, what happens in every depression ??

I think people like you that accepted rolled over and allowed Lockdowns and all the damage, should not be allowed to have a job, or benefits or medical care, you caused the depression and the damage to kids, you should suffer the brunt of it.

NYC lockdown seems to have been stricter than anything in Florida. Florida seems to have the first proper wave only now.

100% the opposite of reality, lockdowns ended 6weeks ago, if NYC wasn't pretty much over, it would be shooting up aswell, but it isn't, because ?? it doesn't affect that many people.

 

[BlueWaterSailor]

Likewise your head, how can you believe every word the scare media has told you and support Lockdowns which have Zero value other than a delay tactic.

Riiiight. "The scare media" is what you see under your bed; lots of luck in getting your paranoia and other psychoses handled. I doubt it's going to happen - you're too much of a coward to peek outside your fantasies and look at the real world - but one never knows.

I know quite a few in the NHS Doctors and Nurses

That, I believe. When they come to tighten your restraints and change your bedpan, I'm sure you stare at them intently...

Just because you want to believe in lockdowns and everything the media tell you, your the 1 with the mental issues.

You actually have no clue of what I do or don't believe - because you are not only a sub-moron who is unable to understand what human beings write but because you never leave the warm though piss-soaked cocoon of your paranoid fantasy.

You haven't countered any of my logic with logic

If you ever manage to display even the slightest ability to think logically - much less phrase your idiotic blithering drivel as anything resembling logic - everyone will stop laughing at you, and some people may even engage you in a rational exchange of ideas. Not me, because - now that I've had my fill of the comedy that you provide (the angry pig grunts and the mad slobbering were exceptionally amusing), I'm blocking you... there's nothing you can ever say that will be worth even a second of my time ever again. B-bye!

Go F yourself!!

Oh, I never accept personal recommendations of this sort - even from those as obviously experienced in it as you. Ta, dipshit - don't let the "scare media" monster bite!

 

[Turveyd]

Riiiight. "The scare media" is what you see under your bed; lots of luck in getting your paranoia and other psychoses handled. I doubt it's going to happen - you're too much of a coward to peek outside your fantasies and look at the real world - but one never knows.



That, I believe. When they come to tighten your restraints and change your bedpan, I'm sure you stare at them intently...



You actually have no clue of what I do or don't believe - because you are not only a sub-moron who is unable to understand what human beings write but because you never leave the warm though piss-soaked cocoon of your paranoid fantasy.



If you ever manage to display even the slightest ability to think logically - much less phrase your idiotic blithering drivel as anything resembling logic - everyone will stop laughing at you, and some people may even engage you in a rational exchange of ideas. Not me, because - now that I've had my fill of the comedy that you provide (the angry pig grunts and the mad slobbering were exceptionally amusing), I'm blocking you... there's nothing you can ever say that will be worth even a second of my time ever again. B-bye!



Oh, I never accept personal recommendations of this sort - even from those as obviously experienced in it as you. Ta, dipshit - don't let the "scare media" monster bite!

Because you haven't written anything buy long drawn out nasty NS like this, ignore time for you for sure, definately go F#ck yourself.

Your following D08 who's supporting you and has no clue what the real score is, just funny.

 

[Nine_Ender]

As days turn into weeks... and into months... and soon into years... I believe that the market is not even remotely close to properly pricing in the CV fallout:

1. In the USA, wave I is still going on; wave II will hit in the fall and winter of this year.

II. Swine flu and others are being found. When cold weather hits, we're all going back to lockdown.

III. The trillions pumped into the economy will weaken the dollar, cause inflation, deflation, or stagnation (who knows).

IV. Retail real estate is changing; an exodus from the cities is occurring, and will continue. Who wants to be locked in a small apartment for the winter?

V. Corporate real estate landscape is dramatically changing, as companies save money with wfh policies.

VI. Businesses are closing, as new laws come into effect limiting their businesses.

VII. Education is changing. Many students will never see a classroom again. Universities will see dramatic revenue losses.

a. 1.5T in student loans will not be repaid.

VIII. Municipalities are threatened with bankruptcy, as the revenue losses hit tax revenue

IX. Taxes will rise; someone has to pay for all this.

X. The transportation industry is dramatically affected. Ridership on NJ Transit, Long Island RR, etc. is down 90%. Airlines are essentially grounded.

XI. ...this, in turn, affects oil consumption rates. Fuel industries are affected.

XII. Especially in this litiginous society, everything has to change. OSHA will get involved. What if I go to my office, and catch Corona? Can I sue my employer? What if I catch it riding on American Airlines? Are they liable? The Bus system? Anywhere that people come into contact.

XIII. Politicians and medical advisors will not assume any risk. They will choose the safest route: LOCKDOWN.

XIV. The government really put their heel down on the people here... and there is a fear of it happening again. What's next, iron grates on our front doors? We all have to wear ankle bracelets to monitor our movement?

We will not see a return to the old way of life until may 2030.. if ever... if we make it that far... if if if. We are in for years, perhaps a decade, of societal change. This is just the beginning.

I only hope that this does not lead to military conflict.

You've been hopelessly cynical about the future for years and almost always incredibly wrong. Yet you persist in an insane fashion doubling down on your ideas. Yes, we are going to have incredible change. And some companies, investors, and employees/contractors are going to do incredibly well as a result. Some can't or won't adapt and it won't be good for them. We have three people in my immediate family in IT and our prospects have all improved since the virus hit. We just have to stay healthy it's tremendous for us.

Markets may correct or chop around next 4-6 months like crazy because we will have turmoil and bad earnings. However, the prospect for markets a year out isn't bad at all. Those like you who are going to continually expect market destruction are not going to do very well trading. You'll hold onto shorts far too long and fail to participate fully in the upside moves.

I've noted days from the bottom in March you agreed with a poster saying the SPX was going to drop to 1000. That was an insane idea. Markets don't price for catastrophe beforehand the the world isn't designed to promote such a result. Some traders don't seem to understand this concept.

 

[Nine_Ender]

My chess teacher once taught me that sometimes the fear of making a move is more powerful than making the move itself. It's the unknown that scares people... that moves people:

- You MIGHT be a carrier
- Corona COULD stay active and alive for over a month
- Could the virus be transmitted by looking at someone?

My best move in years was my investment in the TSX/Metals/Energy on March 23rd pm. I hesitated because there was a sea of negativity and pessimism in the media, and on here. However, I took a look at my premises from 2012-2015, noted the key support levels on the TSX, and that we were revisting 2010 levels. And I remembered just how strong Canadian banks, gold miners, and energy was after the last financial crisis. So I took the plunge and the TSX went up 11.9% the next day ( the largest one day increase since the 1930s ).

This is how you have to trade in 2020. Without bias, understand the levels, be ready to pounce on opportunities. Ignore overly cynical or overly confident people. Especially the former on this site.

 

[luisHK]

Mine taught me you'll never lose a game if your prepared to sit and wait for your opponent to quit or die.

Looking at lol

Uh... competitive and some recreative chess are played with a clock to avoid that strategy.

 

[Turveyd]

Uh... competitive and some recreative chess are played with a clock to avoid that strategy.

Haven't played good chess in atleast 20years, used to play all the time no 1 to play with, refuse to play over the internet, too many cheats and got to look your opponent in the eyes while playing.

 

[bloomberg1]

Hi Ken, anyone in your group trading options around your daily studies?

Be back later...thanks

Hi Ken, anyone trading options around your studies?

Do you trade stocks with decent option liquidity?

 

[Overnight]

Haven't played good chess in atleast 20years, used to play all the time no 1 to play with, refuse to play over the internet, too many cheats and got to look your opponent in the eyes while playing.

Hmm, you must be confusing chess with poker. In poker you look your opponent in the eye, in chess you stare at the board.

 

[vanzandt]

Add this to your scenarios: everybody is damn well sick and tired of lockdowns, masks, etc. (I'm convinced that part of the reason for the rioting is the built-up frustration. Doesn't excuse anything, but it's one of the main drivers behind it.) .

Ahaahha.
Ya'll never listen.

Like I said last night, you think we have racial tensions now.... if this virus doesn't subside real soon and summer hits...
....I'm tellin ya....
I hope I'm wrong.

whaaaaatever.

Hmm, you must be confusing chess with poker. In poker you look your opponent in the eye, in chess you stare at the board.