Dow is Down 900+ points Today 2/24/2020

[Lambeau]

And away we go, down over 800.

Woo = COVID-19

 

[FIVEHOE]

so much for that fed rate cut lol

 

[Weather Man]

so much for that fed rate cut lol

It was really done to make the recovery faster, just have to ride the rollercoaster until it's done. Worst case is that we ride until the vaccine is fully deployed. That would suck.

 

[VenomVeins]

It was really done to make the recovery faster, just have to ride the rollercoaster until it's done. Worst case is that we ride until the vaccine is fully deployed. That would suck.

Yes, it would suck.

Estimates are at a year (rolleyes) that the ‘cure’ for this overrated headcold gets dispersed.

Meanwhile, some people are recovering on thier own.

Im in buy mode. If it makes people (idiots) feel better by going chicken little into a handwringing hysteria, fine by me.

 

[04SVT_COBRA]

Been waiting for a good buying opportunity. Now....if we can just get a nice earthquake in Cali to drop home prices that would be nice.

 

[RedVenom48]

Been waiting for a good buying opportunity. Now....if we can just get a nice earthquake in Cali to drop home prices that would be nice.

But I mean, are home prices the ONLY thing we are wanting to get fixed by a Cal earthquake?

 

[ON D BIT]

It was really done to make the recovery faster, just have to ride the rollercoaster until it's done. Worst case is that we ride until the vaccine is fully deployed. That would suck.

Don’t believe the made a breakthrough on vaccine click bait. If it was developed fast most likely it would be worse than the disease.

they still don’t have a vaccine for SARS 17 years ago.

 

[Weather Man]

Don’t believe the made a breakthrough on vaccine click bait. If it was developed fast most likely it would be worse than the disease.

they still don’t have a vaccine for SARS 17 years ago.

You are incorrect about there being no SARS vaccine, China used one in 2004. SARS never got big enough to justify mass immunization.

Israeli's already in stage 1 testing with a covid-19 vaccine, they have a more streamlined process.

 

[MG0h3]

LOL, no that was the stock crashing at the height of the Great Recession. I know the Feds loaned them money that was paid off in the last few years. But, that it is still hard to imagine they stayed alive.

Unless I’m mistaken, they manage the pension fund for Congress and Senate. They were never going down.


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[ccq8le]

So with all the selling......

Where are the fund managers going to put the cash $$$. ? They aren't going to attract clients by just sitting in a less than 1% money market.

Sure its a good bet to stay on the sidelines.... (for now or maybe even all of March), but whats the next step ahead? Where is the next influx of funds going? What sector is it going to be?

Funds managers are always under pressure to beat the Indexes.. ... They are all lost now.

 

[98 svt]

they still don’t have a vaccine for SARS 17 years ago.

South Park found the cure to be soup, Sprite, and Dayquil.

 

[nxhappy]

sit tight for a few weeks gents ....we have about 3000-4000 negative points to go ....bottom will be 22,000 trust me on this one ... if you buy, buy some PUTS

 

[Weather Man]

sit tight for a few weeks gents ....we have about 3000-4000 negative points to go ....bottom will be 22,000 trust me on this one ... if you buy, buy some PUTS

Day traders will be going nuts on the volatility.

 

[98 svt]

Woo = COVID-19

View attachment 1626409

That rug really tied the room together, did it not?

 

[Weather Man]

Here we go!! I personally think the market will leg down another 10 or 15% before a bottom gets made.

 

[Weather Man]

Anyone buy the 5 letter OTC pink sheets Canadian stocks? Do you get nicked 15% on the dividends?

 

[jpro]

I'm just sitting here shaking my head...up 1300 points one day, down 500 the next, then up 1100, now down 750.

I have said this before and I'll say it again...people do more harm than good (in general) with everything. Whether it be panicking and dropping stocks, driving like morons, etc. Whattya gonna do? LOL

 

[nxhappy]

puts puts puts puts

 

[FIVEHOE]

I put 10k into Tiddies N Ass (TNA) today. Gonna keep dumping money into that the lower it gets.

 

[Lambeau]

With crude ~$50/barrel, gas & oil will remain inexpensive.
That should also keep the green energy nutcases at bay...