Buffalo_Gal Posted March 12, 2020 Share Posted March 12, 2020 1 hour ago, Doc Brown said: Nobody knows. Be like William Devane and invest in gold. Gold is down, so maybe so. Link to comment Share on other sites More sharing options...
Deranged Rhino Posted March 12, 2020 Share Posted March 12, 2020 4 Link to comment Share on other sites More sharing options...
TPS Posted March 12, 2020 Share Posted March 12, 2020 1 hour ago, Foxx said: that is the standard thinking. cryptos are tanking as well. In normal times....in times like this, you can't eat either one... There was an article posted somewhere (I have too many sites) this morning that the elites were heading to their bunkers in New Zealand. 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted March 12, 2020 Share Posted March 12, 2020 Just now, Deranged Rhino said: I fully expect Trump to hammer this home (even more so) after this “crisis “ abates. Bring the pharma back, anything with national security emphasis (steel, precious metals, foods, etc), even electronics coming home to have less dependency abroad. 2 Link to comment Share on other sites More sharing options...
Foxx Posted March 12, 2020 Share Posted March 12, 2020 14 minutes ago, TPS said: In normal times....in times like this, you can't eat either one... There was an article posted somewhere (I have too many sites) this morning that the elites were heading to their bunkers in New Zealand. agreed. the survivalist mindset is what is relevant now and that is the three B's, Bullets, Beans and Bandaids. not necessarily in that order. Link to comment Share on other sites More sharing options...
Foxx Posted March 12, 2020 Share Posted March 12, 2020 16 minutes ago, TPS said: ... There was an article posted somewhere (I have too many sites) this morning that the elites were heading to their bunkers in New Zealand. this is the one i read. Super-rich jet off to disaster bunkers amid coronavirus outbreak 1 1 Link to comment Share on other sites More sharing options...
TH3 Posted March 12, 2020 Share Posted March 12, 2020 Hey Locals.....You know what the market just said? Yo Donald.....time to put that "Keep America Great" hat back on the shelf and put the "Make America Great Again" back on!!! Heyoooooo Link to comment Share on other sites More sharing options...
Deranged Rhino Posted March 12, 2020 Share Posted March 12, 2020 1 minute ago, TH3 said: Hey Locals.....You know what the market just said? Yo Donald.....time to put that "Keep America Great" hat back on the shelf and put the "Make America Great Again" back on!!! Heyoooooo Gloating. Wouldn't expect less. Never let a crisis go to waste when it comes to pushing your master's talking points, amirite TH3? Sad person with a broken brain. 1 Link to comment Share on other sites More sharing options...
TH3 Posted March 12, 2020 Share Posted March 12, 2020 1 hour ago, TPS said: Well, I think I called 20K up thread somewhere, in response to someone saying 21K. My view: The market will respond weakly to anything directed at economic stimulus outside of who/what is being impacted by the virus. A payroll tax cut is fine down the line, but not now. Everything they do now must be directed at mitigating the impact from the virus. The Government must cover all related costs--the two weeks of paid time-off; 0% loans to the major industries affected--airlines, travel and tourism in general, etc.; stop-gap the medical costs--covering the costs of testing and care, and making sure the states have all the funds they need. It's impossible to estimate the economic costs of this thing which means complete uncertainty as to forecasting prices, which is why the most important thing is to address restraining the virus. Once the government comes out with proposals that do this, then it will at least provide a little clarity on the economic costs going forward. Once we get to the point where investors believe the government is actually proposing and doing things that will "flatten out the curve" of its growth (the virus), then we should at least see a temporary bottom. So far, they haven't proposed anything like this, so I expect we will bust through my 20K guess.... I was fortunate to put myself in a fairly liquid position (30% equities) coming out of 2019 because I was expecting a typical correction. I will most likely put a chunk back in today (I added some after the February drop putting me at 40%), even though I don't think we've hit bottom as described above, I will move to a 50% position today. I said 21k I have not put anything in equities since DT got elected.....I figured he would do nothing of substance, drive up the debt and ultimately the market would crash....for Bush...it was massive over leverage in the housing market...for DT - its the CV.... 2 minutes ago, Deranged Rhino said: Gloating. Wouldn't expect less. Never let a crisis go to waste when it comes to pushing your master's talking points, amirite TH3? Sad person with a broken brain. He and Mitch have done nothing of substance other than juice the market....come November even you knuckleheads will have nothing to hold on to....and we will be on to a better place... Link to comment Share on other sites More sharing options...
Deranged Rhino Posted March 12, 2020 Share Posted March 12, 2020 2 minutes ago, TH3 said: He and Mitch have done nothing of substance other than juice the market....come November even you knuckleheads will have nothing to hold on to....and we will be on to a better place... Sad person with a broken brain. That's all you are. A sensible person would note this and change course, but not you. Link to comment Share on other sites More sharing options...
Doc Posted March 12, 2020 Share Posted March 12, 2020 3 minutes ago, TH3 said: I said 21k I have not put anything in equities since DT got elected.....I figured he would do nothing of substance, drive up the debt and ultimately the market would crash....for Bush...it was massive over leverage in the housing market...for DT - its the CV.... He and Mitch have done nothing of substance other than juice the market....come November even you knuckleheads will have nothing to hold on to....and we will be on to a better place... And you predicted this? LOL! Link to comment Share on other sites More sharing options...
Deranged Rhino Posted March 12, 2020 Share Posted March 12, 2020 Just now, Doc said: And you predicted this? LOL! But he didn't make money off it because he's TOTALLY telling the truth. Link to comment Share on other sites More sharing options...
IDBillzFan Posted March 12, 2020 Share Posted March 12, 2020 10 minutes ago, TH3 said: Hey Locals.....You know what the market just said? Yo Donald.....time to put that "Keep America Great" hat back on the shelf and put the "Make America Great Again" back on!!! Heyoooooo I wish I could say I was surprised to see a leftist cheering on bad news. I wish I could. But I can't. Is it any wonder that when the dust is cleared and the left is barking in full throat, the very best they have to offer this country are two very old, very angry, very rich, very white men? Heyoooo. 3 Link to comment Share on other sites More sharing options...
Just Joshin' Posted March 12, 2020 Share Posted March 12, 2020 15 minutes ago, TH3 said: Hey Locals.....You know what the market just said? Yo Donald.....time to put that "Keep America Great" hat back on the shelf and put the "Make America Great Again" back on!!! Heyoooooo The market is the not economy. But then again it would be too much to ask for facts. 2 Link to comment Share on other sites More sharing options...
mjt328 Posted March 12, 2020 Share Posted March 12, 2020 6 hours ago, Gary Busey said: This has been debunked over and over again and is misinformation. The Schumer Tweet was fake. Nobody criticized the decision to restrict travel from China. Stop feeding into the right wing propaganda. OK. What part was debunked? Which part is misinformation? The part about Trump wanting to restrict travel to China/Iran back in January? This was all over the news at the time. Just Google Trump's travel ban to China, and you will find a ridiculous number of non-right wing news stories. He made the proposal on January 31, and predictably the Democrats didn't like it. Further more, I never said anything about Chuck Schumer. And I have no knowledge about a fake tweet spreading around. I'm talking about the very words of both JOE BIDEN and BERNIE SANDERS (the two Democrats running for the presidential nomination). They called Trump's travel restrictions "racist" and "xenophobic." 1 Link to comment Share on other sites More sharing options...
IDBillzFan Posted March 12, 2020 Share Posted March 12, 2020 1 minute ago, mjt328 said: They called Trump's travel restrictions "racist" and "xenophobic." You must be new to politics. You see, to the left, everything is racist and xenophobic. Everything. People not eating at Chinese restaurants are racist and xenophobic. People who call the virus the Wuhan virus are racist and xenophobic. Trump is racist and xenophobic, and that's just because he's not longer a Democrat. In fact, I'm racist and xenophobic for bringing this up, but I've always been racist because I've never been a Democrat. In fact, you're racist and xenophobic for criticizing Schumer. You may even be an anti-Semite for that one, but I lose track sometimes. Anyone know if criticizing Shumer makes you anti-Semite? Link to comment Share on other sites More sharing options...
GG Posted March 12, 2020 Author Share Posted March 12, 2020 1 minute ago, IDBillzFan said: Anyone know if criticizing Shumer makes you anti-Semite? Only if you're not Ilhan Omar or Rashida Tlaib. Link to comment Share on other sites More sharing options...
Foxx Posted March 12, 2020 Share Posted March 12, 2020 (edited) historic day today. worst ever drop, 2352.60, 9.99% to 21,200.62 Edited March 12, 2020 by Foxx Link to comment Share on other sites More sharing options...
IDBillzFan Posted March 12, 2020 Share Posted March 12, 2020 Just now, Foxx said: historic day today. worst ever drop, 2352.60. 9.99% to 21,200.62 Thanks, Obama. 5 Link to comment Share on other sites More sharing options...
Foxx Posted March 12, 2020 Share Posted March 12, 2020 2 minutes ago, IDBillzFan said: Thanks, Obama. i expect we will see a slight rebound tomorrow but then... will we see a historical echo come (Black) Monday? Link to comment Share on other sites More sharing options...
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