Vaccine Progress

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ballsofgold

I haven't posted in a while so thought I'd chime in. It seems as if the market is still on the fence here. Today, I let all the negative news from mainstream media get to me and reduced my exposure on some great long term stocks I have acquired in the past week, currently down 10 percent mtd.

Since the media sensationalises the virus, I am posting these vids here to help balance out Wall Street news. The bottom line is that the vaccine/treatments are coming.

https://www.distributedbio.com/covid19

This looks really promising - Ivermectin

Tomorrow, I am buying MOO the stocks i sold today. Going BALLS deep
 
Blood Plasma for preferably the people who've had it the worst doing well, but even Italy looking at June before major useage.
 
ballsofgold said:
I haven't posted in a while so thought I'd chime in. It seems as if the market is still on the fence here. Today, I let all the negative news from mainstream media get to me and reduced my exposure on some great long term stocks I have acquired in the past week, currently down 10 percent mtd...

Tomorrow, I am buying MOO the stocks i sold today. Going BALLS deep
More...

You reduced your exposure today during the market decline or because of the negative news from mainstream media ???

Thus, your 10% decline is that just from today considering the market has been doing well in the recent trading days until today ???

Now you're buying them back tomorrow via your going BALLS deep as if your positions will be larger (deeper) than your prior positions...trying to make up for the 10% loss ???

I've been hearing warning signs again in the mainstream media and the contraction the past few trading days could be setting up a big movement.

Maybe you'll get lucky and quickly gain back that 10% or drop another 10%. My point, when it contracts...its going to expand very soon.

P.S. Thanks for the "balls deep" statement. Reminds me of something I use to say to my girlfriend in college. :sneaky:

wrbtrader
 
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wrbtrader said:
You reduced your exposure today during the market decline or because of the negative news from mainstream media ???

Thus, your 10% decline is that just from today considering the market has been doing well in the recent trading days until today ???

Now you're buying them back tomorrow via your going BALLS deep as if your positions will be larger than your prior positions...trying to make up for the 10% loss ???

wrbtrader
More...

my current pf exposure is down 10 percent mtd. some stocks i am up bc i bought low, some i am down bc i bought near the mtd high around the head and shoulders pattern that all the stocks are showing. some of them didn't break out.

i am not looking to make back 10 percent tomorrow. the way i am trading covid 19 is scaling in....i didnt throw all my bullets at it, i am 50% invested on the amount i am willing to lose if all my stocks go bankrupt

but long term i am looking for a 300 percent absolute return over the next year or two considering the fed can't taper straight away after treatments are deployed. i reduced my exposure today bc i digested to much bad news and it impacted my risk appetite psychologically.

i have also been speaking to a lot of high level managers and ceo's. while they are all following government guidelines, once the economic pain really trickles in, they will be forced to remove restrictions sooner rather later, ie China, Austria, Swedem doesn't even have a lockdown in place. ceo's are planning for 3 months of pain. it mb that we do it in phases as testing capacity catches up.
 
PoopyDeek said:
Great, dude. A vaccine in a year when we're all back to our normal lives. These stories hit the wire and don't move the needle at all... The thing will become a seasonal virus albeit less mutable but more virulent.
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keep in mind, this drug ivermectin is already fda approved. it has 99percent success rate in the petri dish.
they will start proper trials in humans
 
ballsofgold said:
my current pf exposure is down 10 percent mtd. some stocks i am up bc i bought low, some i am down bc i bought near the mtd high around the head and shoulders pattern that all the stocks are showing. some of them didn't break out.

i am not looking to make back 10 percent tomorrow. the way i am trading covid 19 is scaling in....i didnt throw all my bullets at it, i am 50% invested on the amount i am willing to lose if all my stocks go bankrupt

but long term i am looking for a 300 percent absolute return over the next year or two considering the fed can't taper straight away after treatments are deployed. i reduced my exposure today bc i digested to much bad news and it impacted my risk appetite psychologically.

i have also been speaking to a lot of high level managers and ceo's. while they are all following government guidelines, once the economic pain really trickles in, they will be forced to remove restrictions sooner rather later, ie China, Austria, Swedem doesn't even have a lockdown in place. ceo's are planning for 3 months of pain. it mb that we do it in phases as testing capacity catches up.
More...

I'm thinking the same...about a minimum 3 months of pain with minor calmness (contraction) in the market follow by volatile trading days. Essentially, a rocky market...worst case scenario is that it occurs all the way to the U.S. Presidential elections.

wrbtrader
 
wrbtrader said:
I'm thinking the same...about a minimum 3 months of pain with minor calmness (contraction) in the market follow by volatile trading days. Essentially, a rocky market...worst case scenario is that it occurs all the way to the U.S. Presidential elections.

wrbtrader
More...

people have kids to feed, saving 3 percent of the global population will end up taking a backseat. it has to happen. just wear masks and gloves, and take some vitamin c
 
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