What I think the truth behind the corona virus boogeyman story

[tsfx]

stock market needs correction not because of valuation. valuation is DIRT CHEAP. please get this out of your head that p/e needs to align with historical average. we are way out of Kansas already with ZIRP NIRP. SPY p/e should be at least 50 to be fair value.

correction is needed to shake out the speculators, who were not in it for the long run but somehow got lucky to be in the money due to the rise in 2019.

read all my posts in the past 3 weeks.... I have explained everything.

I'm afraid the next leg up is gonna be through lower dollar and/or higher rates. So that the real stock market growth is through devaluation. It's fine for those who earn and spend in dollars, bad for everyone else.

The fact how many people actually waited for this "discount" and the general idea that money printing is the cure for all and forever still makes me convinced that we're gonna sees the ultimate flash crash down the road some day in the future. When ? Even god doesn't know the answer to that.

We're going to see balance between stock and bond "P/E's" that's for sure. But betting that it's the stocks that need to balance ? Well, i guess we'll have to see.

 

[tsfx]

Most popular boogeyman theory I've heard is that the Covid-19 was engineer and intentionally released in by China / in China so that it can spread against those having trade wars with them.

Nah, that's not logical. The development of 5G on the other hand...

 

[dozu888]

I'm afraid the next leg up is gonna be through lower dollar and/or higher rates. So that the real stock market growth is through devaluation. It's fine for those who earn and spend in dollars, bad for everyone else.

The fact how many people actually waited for this "discount" and the general idea that money printing is the cure for all and forever still makes me convinced that we're gonna sees the ultimate flash crash down the road some day in the future. When ? Even god doesn't know the answer to that.

We're going to see balance between stock and bond "P/E's" that's for sure. But betting that it's the stocks that need to balance ? Well, i guess we'll have to see.

nah.... don't you see this is a game of chicken and the CBs have 'lost'.... for lack of better term.

every time there is some crisis the CBs just print like mad... ECB just went QE infinity as well.

you need to look a little deeper... who are in control of this country and all the countries for that matter.

the ruling class, the connected network of the haves... in order to stay in the ruling class they will not let soup lines and riots to happen, and therefore the logical solution is to flood and keep the game going.

here we have morons who say the market needs to 'correct itself'.

that's utter BS because there is no benefit for anybody.. certainly not for the have-nots who will have to line up in the soup line, but also for the ruling class.... if people go line up in the soup line that means they are not producing in the factories and offices..

the workforce needs to work, to generate value, for themselves, and for the shareholders.... that's why after 2008 there will be no more problem going forward.... crisis may happen, but once you flood, the lubricant gets into the economic machine, the slaves go back to the offices and factories to produce goods and services and they get salary to enjoy their little lives and the share holders keep getting the dividends then all is happy.

why the vote in the senate is 96-0, because it's in the common benefit of the ruling class.... can you not see?

so you ask do we have any losers here? yes whenever you flood it's only a transfer of wealth. money does come out of thin air but real wealth, real goods and services do not.... so while some are getting the free money some are getting screwed.

that's why warren saying - long bond buyers are extremely stupid... and I am with him... the wealth transfer is from the fixed income side to the asset owner side.... sure bonds have been going up, but they can't go negative infinity... at some point the price will flatten and then all the money has nowhere to go but to assets... stocks, RE, commodities perhaps.

that's the game.

that's what the game is all about.

inflation or not does it really matter? not really... they real key is to keep the productivity going and

 

[wrbtrader]

I would buy this if the maker was Russia (or anybody not China). Who is so stupid to release it in their own country?? If they know epidemics well, they should have known they are going to get hit anyway, but releasing it in their own territory doesn't make sense. Unless they wanted to cull their population but apparently not because they acted eventually very strong.

History facts show that there's been many times in wars that leaders gas their own people (a minority group) to see the effects on that group in their population that they view as "inferior" prior to doing the same against others they're at war with.

Simply, history facts shows it makes perfect sense to release it in an area or on those in their own country that they feel they can quickly get under control including controlling the propaganda coming out of that area.

Terrorist groups have done the same too. Thus, its not isolated to some crazy leader of a country.

I really do not see "bio warfare" any different if weaponized considering most military have special units that train in nuclear, biological, chemical warfare.

Regardless, you do not need a crazy leader to approve of such. You only need a few rogue players involved.

wrbtrader

Chimera

 

[noddyboy]

As I mentioned many many times on here. The next collapse would make the dot com fallout and financial crisis look like it never happened which is exactly what is happening this second after a record of trillions and trillions and trillions has been wiped away in market gains. Now this ultimate record collapse we are having now would have never been as severe if it were not for the trillions the fed pumped into the markets the last decade on top of the trillions of dollars worth of stock buybacks which inflated stock prices and of course the unicorn billion dollar startups. The fed created the bubble which has now gone beyond anyone's comprehension.... not only that but look at what they are doing right this second just 3 weeks after the collapse started again.....reinflating the bubble once again. Rinse and repeat...same thing over and over...not once can the free markets dictate price movement, the intervention in these markets is just out of control and unprecedented. But of course cheer the fed and their trillion dollar stimulus packages so that everything can be peaches and fucking cream all over again just to go through another crisis a handful of years later. Fools!!!!

Still this rally will kill all your 3x short ETFs even if it goes down again later.

 

[murray t turtle]

Still this rally will kill all your 3x short ETFs even if it goes down again later.

%%
LOL+ good thing they have 2X...……………………………………………………………………..
SDOW is till above 200 dma, good thing I was not in that 3 X yesterday.

 

[Pekelo]

History facts show that there's been many times in wars that leaders gas their own people

Sure. Still I don't see this as a Chinese predetermined attack. Could this be an accident where the virus got out of control? Yes. My money is still on another country starting this in China.(as long as we are assuming planned attack and not eating bats)

China didn't have the economic need to fuck with America. They depend on the US orders for their slave labor. Their US treasury bonds going to be worthless if the dollar gets inflated sky high. So again, no economic interest against the US or anybody. They as a society are also very young (average age) so they don't have yet the need to screw their elderly population. And who wants to be blamed that they couldn't control an eventually world wide epidemic???

Russia on the other hand...

 

[S2007S]

Still this rally will kill all your 3x short ETFs even if it goes down again later.

They did. But still holding out. Added many 3x longs....lots of MIDU and DFEN and TNA etc. Sold off some longs today and buying back 3x short ETFs all day today. . Heavy in TECS now.

 

[FriskyCat]

S2007S's ETF Discount Warehouse

 

[ironchef]

Just compare to superbug. There are several online articles on websearch that shows up instantly. Leading figures: at last in the USA, superbugs are injecting 3,000,000 people each year and killing 35,000. Focus is each year yes each year!!!
Now lets compare to corona figures so far as of today, 70,000 people infected, 1,000 died. Now I feel definitely sorry about the folks being infected and incredibly sordid situation of who passed away, just look at this.
superbug infects 42 times more, now considering it took 2 months to reach 70,000 and eventually taper off, i am going to see 35,000 each month and lets say it infected 420,000 people and kill 6,000 through linear extrapolation. Now if it spreads exponentially without drastic measures then I admit it is different story.
But man, superbug is far more sinister and deadlier than corona
https://www.nbcnews.com/health/heal...-kill-more-people-previously-thought-n1081086

So why all these people are drumming up, politicians etc.???
My take in this is that stock market valuation. Just a few weeks ago, we have been enjoying longest bull period of stock market in US history. Do you want bull market to continue at this space another decade? That is huge risk!!!
Make some boogeyman story to do some correction so that crash will be moderate rather than correction later, let's stay it happened in... I am going to pick 2024. If no intervention is made to do some correction in the middle point, if the current rally continues until 2024, image how severe the correction will be in 2024. Imagine exponential rally continues until 2024 at this space, then correction is made and bubble burst?? I see if it allowed to happen in 2024, I see blood running through streets like river (I am talking about real blood not the stock ticker color)

Let me guess, @dozu888 needs support since he often sounded like the lone ranger here.