are we talking about my guy andrew
also really is it that easy shorts in tatters aka OSAs favorite movie
i mean cmaaaaan
also OSAs second favorite movie CMaaaaaaaaan
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are we talking about my guy andrew
also really is it that easy shorts in tatters aka OSAs favorite movie
i mean cmaaaaan
also OSAs second favorite movie CMaaaaaaaaan
Somehow people were actually paying $20/share for NCL at one point today.
Closed around 15 though.
I do think this "recovery" is somewhat false, and there are some crashes to come. Right now people are grasping onto any bit of hopeful news which comes out.
The sad reality of how this fucked our economy has yet to be fully understood.
1 never apologize to tine 2nd did he fucking work spey casting into this marrone
I feel we have just had a capitulation period (last three days) on the upside (shorts, most PFA stock "analistés").
Is it time to sell again? Sonatine, you're beating even cmoney for wormholiness, lately, good god. (predicted market was oversold late last week I think, maybe a bit early).
I guess it's impossible to run your life efficiently and become a prediction master extraordinaire unless you massively connected in the deep deep deep dark web nucleus, as it seems you are.
Highly recommend you listen to that Ackman telephone interview on CNBC. F'n guy will be 100% correct...IF we can truly tamp down enough in 1 month AND have a whole host of treatments and some frickin normalacy with this virus (that it sorta goes away a little by itself a bit like a fucking normal goddamn virus).
We truly need luck / more advances long term...but if it goes like it's supposed to, a freakish market event that most Americans will realize therre is a period of socialism/communism required to defeat. This is very strange. A sublime, strange concept to any free-market thinker, but yes, temporary socialism/communism is required to avoid businesses successively becoming worth:
:zeropointzero
i got blown tf out today and i shouldnt have. i knew QE was coming; i knew the fedicopter was going to air drop cash, and i knew the bailout bill was getting signed, but i thought the unemployment numbers would level things out before then.
so yeah i dont think today was organic. if i was 5% smarter id have seen the play a mile away. when they really really really need a 20 point rally, they dont fuck around, they buy one.
if you asked me 2 days ago if there was any chance the dji wouldnt lose like 3k points in april id have said none, literally zero chance. im less confident now but im still going broke on my convictions, because i think the economy is facing an existential threat and if they can stop the bleeding at even 150, they will have performed a miracle.
like dont even bother selling imo. hold onto non decaying assets for another year and youll be flush. spy 160 july 17 will earn you like 500%+ if they hit strike price in late may, so just make a comfort hedge with them so you can eat well until the market recovers and your holdings regain value.
rofl is tine getting a little pitchy
im probably removing 90% of everything i just posted because someone didnt understand that golf claps are incredibly obnoxious and condescending.
Honesty, no I didn't. I was sincere and applauding your sharp observation. Had seen San use it in what I thought was a similar situation.
I'm old. Not as old as San, but old. I was in the last group of people that went through college and law school without owning a computer as a reference.
Had a few feelings over the last few days which I’ve kept to myself for the most part and has planned out. So naturally I’ll post my predictions so you can all mock me when it blows up spectacularly.
Short of it is the market will shoot up at the opening bell and the S&P will be up 100-125 points. Then around 2-3Pm everyone will hit the exit door but the market will still be up for the day caping a huge week and a 50% retracement.
Next week will be the start of “the new normal” for the medium term (again baring some massive excelleration or a miracle cure. Next week will start the slow March back towards S&P 2100. I think the volatility will start to come out “a little bit”.... we will have down 20-50 point days with an occasional up 90-120 days mixed in.
I think the good news is the easy money may not be over yet so long as you pay attention.
.
I Appreciate your apology. It was a rough day for me too. I held my 3x bear s&p shares all day and bought 50% more at the close. That said, I think Daly’s probably right that it will spike again in the morning. However, I don’t believe the big $ will want to hold all their easy gains made this week over the weekend and risk some real bad news. Hell, they can buy back Monday morning if all goes well. So I’ll buy another 50% around 1pm and take my chances.
I would agree with you any other time except I do not think anyone has a feel for what Fed unlimited means. We know the meaning but this is incomprehensible superhuman powers shit.
The Nasdaq could run another 12% and be right back to pre-corona. The entire world economy is suspended animation. It’s fucked up.
Every chart I read says we can run. If you shut off your fundamental brain and just looked at the data you’re long.
I’m flat and I’m going to hate myself for not staying in. I agree with your feel emotionally but you could also argue the SP 2750’ish. That is the sickest move that hurts the most people.
Forum Wars: I mean that's basically a predic that the market will be up like 20-25% in 1 year.
thats probably optimistic on my part if we havent bottomed already. and i honestly dont think we have so.
WHEN SAL GETS DRAMATIC YOU KNOW ITS REAL
also where are we on palm springs real estate
its about to be summer yall but no coachella
i mean technically its indio but still the air bnb game is how we eat out here like am i paying a property manager for nothing
Sonatine
Look at the USD - NZD
You could have bought half the island 3 days ago.
If you liquidated your 401k in dollars and converted to their currency you’d almost suffer no losses from the corona tank
New Zealand
Neighbor across the streets company just furloughed 15k workers....oof
People can’t even call the unemployment office, place overwhelmed, oil at $23
Crazy times...dumped the last of my 401k into cash today..I live in TX.
Work is directly tied to the auto industry...we are down about 40% vs plan.
Keep an eye on SAH, down to 14.58 from a 32 in early feb
relax bruh, the worst is clearly behind us:
(so basically the fed is just writing articles for the WSJ now)
can we get some pages on why furloughed is funny cuz its a great word tine open up ur shitty computer
also i do have some thoughts on piri piri chicken
I think when Lewis writes the book on this first chapter reads the market shit it’s pants, correctly, becuase the pandemic shutndown the entire US economy for X amount of weeks and caused unthinkable amount of em employment.
Chapter two is the Fed intervention, the stimulus package and most importantly how the computers weren't calibrated for such a major catastrophe. The computers caused a roughly 50% bounce simply becuase they were programmed too and the Fed gave the computer the right inputs.
Chapter 3 - welp that’s where the above figures in. Simply put the computer wasn’t programmed for mass sickness and death and the related stoppage of most economic activity. Roosters going to roost y’all.
Chapter four will come when it’s over and we have a cure.
Bloomberg
Treasury Will Have $454 Billion for Fed to Leverage, Toomey Says
Fed can lever 10:1 for $4 trillion dollars
You wanna step in front of that train Daly and Tine?
We are in uncharted (sic) waters. I literally only think I can trust the dollar as a sign of what the fuck is going on.
This is insane. For the first time my wife looked at me and said she’s scared. Not of the virus but of the complete collapse of everything.
She saw Trump’s press conference today and my reaction. The local news station just cut it off knowing it was meaningless. They literally cut to Fenway and the Opening Day that wasn’t story. Imagine, the President is on air talking about a national emergency and what he is saying has no news worthiness.
We are so fucked.
Were gonna need pics sal have her lick a countertop if possible
The Cheesecake Factory won't be able to pay its April rent at its nearly 300 locations, highlighting how deeply the coronavirus pandemic is affecting the restaurant industry.
S&P up 10% tomorrow on this news.