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until we know the likely outcome of coronavirus...


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Originally Posted by RJY66
Okay, the Dow is down about 8%. In a few days give or take when its down about 15% and the financial talking heads start talking bear market, stock crash, recession, etc. the Fed is gonna do an "emergency rate cut" or "QE" and its all gonna go right back up. They have been bailing out speculators for a decade now and I have no reason to believe they will stop. This virus thing gives them an excuse to really go nuts.


Just like they did in '01-'02?


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01 and 02 as well as 08 and 09, the Fed was still in the business of "taking away the punch bowl just as the party got going". Now, they start handing out crack as soon as the first party goer says they have had enough punch. My theory is the system has gotten away from them and they know they can no longer engineer a "soft landing" based on the experience in 2009 pricking the real estate bubble. They like to have messed up then. Every govt on earth is up to their eyeballs in debt. If there is a global downturn like in times past, its gonna get really systemic, really quick. It won't be companies going under, it will be governments.

Anyway, that's my theory based on what "they" have been doing the last 10 years. Eventually somethings gonna break. But you will see negative interest rates and outright asset purchases by the feds/govts before then.

Last edited by RJY66; 02/25/20.

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Originally Posted by Bristoe
The inevitable pandemic which arrives as a result of the earth's population exceeding 6 billion is here,....and people are talkin' 'bout, "Where should I put my 401K?"

No chit 😆


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First rule: When the weak panic, seek opportunity.

Second rule: buy low sell high.

Third rule: Smart people thrive on volatility, the rest stay poor and strive for mediocrity.



mike r


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Wish you were better

Stab them in the taint, you can't put a tourniquet on that.
Craig Douglas ECQC
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MRNA








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Apple once it goes down some more, will always recover at some point in the future.

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Market will recover overnight. Question is when?

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If your buy orders aren't in now, you're missing out.

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Originally Posted by TimberRunner
If your buy orders aren't in now, you're missing out.


You must have good news the rest of us don’t I think another 10%decline before this [bleep] passes. Save your money folks...

Last edited by heavywalker; 02/26/20.







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I think there is a slight window for a buy period before the fed cut rates likely in April but the market won’t bottom until next quarters earnings are reported and that’s if the virus is somewhat contained or a treatment is available. Ymmv








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Originally Posted by Toddly
What’s a good stock to buy in a pandemic scare??

Body bag stocks...........


Due to the increased price of ammo, don't expect a warning shot...
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