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Joined: Sep 2011
Posts: 61,167 Likes: 24
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 61,167 Likes: 24 |
It's not just the Dow, corn, soybeans, both fat cattle, and feeder cattle have tanked.
Buckle up men, it looks like a bumpy ride.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Jan 2006
Posts: 69,473 Likes: 18
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,473 Likes: 18 |
If American companies hadn't sent all their manufacturing offshore, this wouldn't be an issue unless the bug reached here in epidemic proportions. Maybe this will turn out to be a needed wakeup call.
“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell
It's not over when you lose. It's over when you quit.
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Joined: Sep 2011
Posts: 61,167 Likes: 24
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 61,167 Likes: 24 |
I'm glad our fat cattle are sold. Like Bug Bunny, "Not the first time this sort of thing has happened to me."
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Dec 2015
Posts: 2,062
Campfire Regular
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Campfire Regular
Joined: Dec 2015
Posts: 2,062 |
The market is global. With China essentially shut down, this is to be expected. Once the virus furor calms, and China reopens, things will rebound quickly. Figure it will settle soon, ride low through March and then start the climb back up. come fall it will be back to business as usual so won't be an issue for election season.
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Joined: Nov 2015
Posts: 19,254 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Nov 2015
Posts: 19,254 Likes: 2 |
Big news here a few years ago......grain theft. Lot's of angles to the story, but here's what really happened.....one of the largest farming operations in the area, a family operation, had a druggie family member who loaded out several semi loads of grain at night, with the help of another man. Sold the grain, for about half of what it was worth, to a farmer in a neighboring county, who was also in the drug business.
When the story broke in the media, someone who was a very small part of the theft got the blame, as both guilty parties had enough clout to keep the names of the real culprits out of the news. The whole thing was finally swept under the drug by the head of the family who lost the grain, to make sure that his sisters druggie son didn't go to jail.
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Joined: Dec 2006
Posts: 2,010
Campfire Regular
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Campfire Regular
Joined: Dec 2006
Posts: 2,010 |
I don't know, I feel this could all blow over once we decide that (hopefully), it's NOT going to wipe out civilization. Look at it this way, on the flip side, if I'm wrong, we'll have bigger fish to fry than the stock market, right? I DO really feel that the media AND the Dems are hyping this for all it's worth, intentionally so to torpedo Trump, which I also feel it will NOT do.
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Joined: Sep 2011
Posts: 61,167 Likes: 24
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 61,167 Likes: 24 |
I just looked, down another 900! Caty bar the door!
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Aug 2004
Posts: 69,721 Likes: 29
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,721 Likes: 29 |
When our markets crash, the world markets will follow. Won't take many days at a 1000 points per day...
Molɔ̀ːn Labé Skýla!
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Joined: Sep 2011
Posts: 61,167 Likes: 24
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 61,167 Likes: 24 |
One bad day, I got so depressed I jumped out the window. As luck would have it, I was in the basement at the time.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Dec 2010
Posts: 2,209 Likes: 1
Campfire Regular
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Campfire Regular
Joined: Dec 2010
Posts: 2,209 Likes: 1 |
I see Dems who have tried everything to get rid of President Trump - and failed. The media is going hysterical over the DOW plunging and corona virus. Is it all just another attempt to take out the President? Personally, I think it is.
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Joined: Sep 2003
Posts: 23,521 Likes: 15
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,521 Likes: 15 |
This is a complete unknown. Virus is unknown and what it will do to the world markets when this closes borders and disrupts supply chains
Line up and make your bets. Fortunes will be made and lost. I am starting to get interested in stocks again now we are pulling away from the insane levels we were at.
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Joined: Aug 2004
Posts: 69,721 Likes: 29
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,721 Likes: 29 |
I see Dems who have tried everything to get rid of President Trump - and failed. The media is going hysterical over the DOW plunging and corona virus. Is it all just another attempt to take out the President? Personally, I think it is. They never waste a good tragedy.
Molɔ̀ːn Labé Skýla!
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Joined: Sep 2011
Posts: 61,167 Likes: 24
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 61,167 Likes: 24 |
Short term, the worse it gets, the worse it gets.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Feb 2011
Posts: 5,856
Campfire Tracker
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Campfire Tracker
Joined: Feb 2011
Posts: 5,856 |
I see Dems who have tried everything to get rid of President Trump - and failed. The media is going hysterical over the DOW plunging and corona virus. Is it all just another attempt to take out the President? Personally, I think it is. Not everything is a conspiracy...sometimes schitt just happens.
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Joined: Jan 2012
Posts: 67,389 Likes: 52
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,389 Likes: 52 |
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Joined: Jan 2012
Posts: 26,598 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,598 Likes: 3 |
The market is global. With China essentially shut down, this is to be expected. Once the virus furor calms, and China reopens, things will rebound quickly. Figure it will settle soon, ride low through March and then start the climb back up. come fall it will be back to business as usual so won't be an issue for election season.
Spoke to my bud yesterday-he is a pretty big lumber exporter[primarily China]. His customers in China told him that factories in the furniture industry[near Wuhan] had started getting back up and running this week.
FJB & FJT
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Joined: Aug 2004
Posts: 69,721 Likes: 29
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,721 Likes: 29 |
I see Dems who have tried everything to get rid of President Trump - and failed. The media is going hysterical over the DOW plunging and corona virus. Is it all just another attempt to take out the President? Personally, I think it is. Not everything is a conspiracy...sometimes schitt just happens. Then why is every democrat that can get a TV camera to video them, standing there pushing the panic and blaming Trump? I don't see republicans doing that. Must be a partisan crisis....
Molɔ̀ːn Labé Skýla!
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Joined: Sep 2011
Posts: 61,167 Likes: 24
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 61,167 Likes: 24 |
The NYSE needs a ten run rule like Little league baseball.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: May 2016
Posts: 60,701 Likes: 42
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,701 Likes: 42 |
As real as the Real Coke taste of Diet Coke.
I am MAGA.
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Joined: Dec 2008
Posts: 8,327 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
Posts: 8,327 Likes: 1 |
I think generally in a correction, you see heavy selling, a dead cat bounce, more selling, panic and capitulation with a really big down day. I don't think we have even hit the dead cat bounce yet. But I'm not trader, and generally have done better in real estate than stocks. Right now I'm in a cash position, not sure what I will do next besides watch.
"Life is tough, even tougher if your stupid" John Wayne
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