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"sell everything!!!"

Mr Deeds said:
No its not his fault yet but if he gets elected the markets are going to go to shit next year
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The markets are a leading indicator. This bull market is long in the tooth. We are due for a recession.
 
It's butt hurt time! But have no fear, Don Jehovah Trump will fix everything. He'll smite the latest coronavirus and live happily ever after.

And if he doesn't, "I don't know Dow, never met him, don't know who he is".

https://www.google.com/search?client=firefox-b-d&tbm=fin&sxsrf=ALeKk013oQzEHkewSdP9SpMq3PecmLZo7A:1582909424987&q=INDEXTSI:+OSPTX&stick=H4sIAAAAAAAAAONgecRowi3w8sc9YSntSWtOXmNU5eIKzsgvd80rySypFBLnYoOyeKW4uTj1c_UNzAyMsnN5FrHye_q5uEaEBHtaKfgHB4REAAA8_Pp-SwAAAA&biw=1920&bih=966#scso=_DUhZXqGWFfSEytMPyOak0A41:0
 
Indiana said:
Too late, only fools sell now.
Time to buy.
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That's what I was thinking but, looking at it pessimistically, who knows how low things can go?. It could still be a case where it could be prudent to cut your losses.
 
 
 
luvyeah said:
With crypto or just trading in general?

I really enjoyed this book:

51UfLK6ChTL._SX322_BO1,204,203,200_.jpg

https://www.amazon.ca/Zurich-Axioms-reward-generations-bankers/dp/1897597495

The second axiom is on Greed.
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I should read it. thanks. No. Just trading in general. I was bored watching one stock I held just go up and down. So I started buying low and selling high within a twenty dollar spread. Last time I sold high and it skyrocketed. I kept waiting for it to drop to get back in and the "fear of missing out syndrome" hit. I bought high a couple of days before the latest crash. Brilliant timing. As I track my portfolios even after I sell, I can see where I would have been if I hadn't traded in and out. I would have been much further ahead, to the point where the last few days wouldn't have made a dent.
 
shack said:
That's what I was thinking but, looking at it pessimistically, who knows how low things can go?. It could still be a case where it could be prudent to cut your losses.
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At the moment Italy appears to be the battleground, if COVID - 19 spreads beyond Lombardy and Veneto then there will be more bleeding in the markets. However there appears to be no confirmed cases in neighbouring Piedmonte, if The Derby di'Italia were played in Torino, they may have opened the turnstiles. The game is in Milano with no fans, the city is in lockdown, it's going to be surreal!

The Chinese in Milano are having a rough time. Italy is the No. 1 destination for mainland Chinese tourists outside Asia.

 
My best self council is quit watching the news. This is all rigged. The stock market is rigged. Someone is pulling the strings. The whole thing is like playing the horses.
 
Robert Mugabe said:
My best self council is quit watching the news. This is all rigged. The stock market is rigged. Someone is pulling the strings. The whole thing is like playing the horses.
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With factories and businesses shut down and restricted travel and quarantines in effect, clearly all types of businesses are going to suffer. And that includes some very big businesses. Strings aren't required.
 
The US just found several cases of coronavirus with no connection to travel, meaning it was from community transmission. What that means is there is most likely many more undetected cases in the community, since the US just ramped up more widespread testing

Expect the number of cases to rise rapidly when testing expands, as seen in South Korea and Italy. If you thought this week was bad for the stocks, wait until next week or the following, when they finally find clusters of cases in the US from expanded testing.
 
Time to search the trash heap for bargains.
If you have spare cash, time to look at buying blue chips that have been knocked down to reasonable value.
 
St2221 said:
The US just found several cases of coronavirus with no connection to travel, meaning it was from community transmission. What that means is there is most likely many more undetected cases in the community, since the US just ramped up more widespread testing

Expect the number of cases to rise rapidly when testing expands, as seen in South Korea and Italy. If you thought this week was bad for the stocks, wait until next week or the following, when they finally find clusters of cases in the US from expanded testing.
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And Hong Kong found a dog with it.
 
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