-1884.00 already. WTF

The powers that be shut it down for a 15 minute breather.

Wow!

Wall Street needs a ten run rule.

Corn is down 7 cents, beans down 17 when I looked.

This thing is just getting started.

They brought all trading to a halt for 15 minutes[basically their version of the 10 run rule], didn't seem to help much.

Back up 300 since break

Make it 400

Volatile, volatile

But just think....99cent gas, Mary Jane Rottenkrotch prices from high school days

I'm Rick James, biatch,

And interest rates should be rising, but no. We gonna put the lid on that artificially, make sure we fleece the risk takers and the savers all together. It’s all a planned thing to impoverish and enslave everyone, one step at a time. All while enriching the elites. And we’ll use this here virus to get rid of the demographic that costs rather than contributes. Leaves kids, who are future slaves, and people under 50 who are slaves right now. Genius.

Daymmmmn! This “is” starting to look bad! Shoud’ve pissed away some money, when I had some! memtb

Be greedy when others are fearful, and be fearful when others are greedy.

Dead cat bounce.

sky is falling sky is falling. This [bleep] gets old. In it for the long run or not at all IMHO.

But to run around panicking when it falls, after having made 30% plus is nuts. Its not going to constantly go up or everyone would be rich...

my BIL showed me something similar this weekend on the hog hunt on his phone. Asked me now what? I grabbed the phone, cleared that crap off his screen and said its all fine now... his son about fell out of the mule laughing... I mean WTF people. Are you all scared of the virus too?

I wish I had money to spend on the down market right now

My attitude is you have to be in it, if the whole thing goes to schit your money is worthless anyways

the currency turns to ammo.

Not sure if you have been paying attention but $28 oil, a price war, and a global recession isn’t exactly something to be ignored.


The fact that so many just assume that things will return to normal in no time at at is actually more worrisome than what is going on. Just because things went back up after 2009 doesn’t mean it’s going to happen again. We are running out of options as far as rate cuts etc.

Scaredy cats and Profit takers. That's Wall Street.

I have less than 1/10th of my money in Wall Street. Don't trust them. Never have.

Meanwhile, rents in my area going through the roof. And setting new highs every month.

Not at all.

I'll be able to fill my old vette for $15, and drive 150 miles, sweet.

I predicted this............ Except my timing was off. My prediction had this happening closer to election day so the current president can get blamed. It IS an election year.

Care to explain Joel ?

I never said return to normal in a short time. I just said its not falling, its like global temps. Doing what it does. We will survive one way or another. Others I suppose ymmv could apply but this constant worry is nuts.

We just take it day by day. Started with nothing, can go back and survive just fine and be happy as we are now.

Its not complicated really.

Could be much worse that the last one on 2007... can't cut interest, can't hand out bailouts, can't lower taxes... That all has already been done just to prop up Trumps artificial economy.

This one is going to be painful.


Phil

You never learn.

The FED has many options and this is no subprime meltdown.

I'm gonna just guess, a TDS post....

The whole thing can go to [bleep], and your money will not be worthless. If anything, having liquid cash will be more important than ever.

Nobody knows how this will play out. Every sensible person will be preparing for a global recession, a tanked stock market, and a pandemic. That’s not “the sky is falling”, it’s being smart.

If our healthcare system becomes overwhelmed and most folks stay home and work from home, which direction do you think the markets will keep heading once those quarterly earnings reports start coming out?

I’d bet big money that Warren Buffett is buying.

The 10yr and 30yr inversion last year and over priced stock mark indicated a correction this year. No one could have predicted the corona virus. I cashed out of all my realestate investments last year, I have a small amount in bond in my 401k, no stock position. At some point I'll have to decide where to invest as this thing shakes out and presents opportunity's. Things that look cheap might not be at this point.

Am hoping we see a 50% correction from the all time highs as I been easing back into the market in 5% increments. Then when the coronavirus news wears itself out and Trump is reelected the climb back up will be awesome!!!

You never disappoint.....

Yep, as you said prepared. But a pandemic or this corona thing won't last forever. And a good thinning of numbers of humans would not hurt either.

OTOH short term cash is important. Long term cash isn't anything but paper. So it depends on what you think.

Bottom line to any of it really is, are you prepared to live for a year or more without anything else and survive? I would have thought any of us could.

Only way to know is to wake up in the morning and see what the next day brings.

Obviously since we have land in 2 different states and enough "stuff" to survive even if surviving isn't easy, I'm just not really worried. Plus if one dies, one doesn't have to worry anymore either. And there is good in death for us, its a beginning, not an end. In the meantime I tend to let God drive and we ride and we'll deal with it however we have to. Almost interesting this is happening in Lent on top of it but I digress

Regardless thinking we can control things on any level is just kind of nuts and it doesn't prepare folks well. expecting the unknown and being able to deal with it mentally and physically is where its at IMHO. We may loose every penny we had. We may not. In the meantime move forward and prepare for Tuesday.

I’ll bet that your bet is correct.

Buy toilet paper!!!

Hell, this was just a couple months ago.

Link

and today:

Link



Phil

Well,,,,,,,apparently it’s time to go find a tall building to jump off of. Yep, it’s that bad.

You go first.

My prediction.....

By early to mid summer, the 'crises' will have settled down and the market will by climbing back, UN-employment will be improving.......

ALL going into the General Election.....

In SPITE of what the DEMs and MSM(I repeat myself) are trying to sell......


IMHO.....

At the moment I'm optimistic that this will be over by late May and building back up.

I would think that it would give Trump time to rebound and go into the November elections still able to tout not only a strong economy but the leadership to handle whatever is thrown at him the next 4 years.

Wall street in not your Granddad's wall street. Now it is all controlled by the big investment houses, who buy and sell on logarithmic choices and not on if a company is profitable and sound. One jumps and then others move in the same direction. Result is they all make the same decision, for fear of being on the wrong side. And then the heads tell you "investors" are fleeing the market. The computers are fleeing, not the investors.

And at the end of the year, the 'house" gets their bonus. The market today is a three shell pea game.

What battue said, if you believe computers can do trading? Why doesn't your cruise control work in hilly country?

Oh ye of little faith in the American Free Enterprise System

I'm not sure that anybody knows what's going to happen. It's just a wait and see game. We've got a lot of money in the market, and my philosophy has always been to ride it out. Normally, I don't lose any sleep over it because it's always bounced back. But, for some strange reason, this time feels different.

However, I'm going to leave my money right where it is for the time being.

If you have the benefit of time, yes leave it.

If you a buy a $1000 Treasury bond at 3% then you get paid $30. per year for your investment. Good chance inflation over the long haul will diminish that return to insignificance. Low interest rates have ruined individual saving for the last couple decades.

It is still a shell game, but essentially the only game.

My guess is the 15 minute pause is the for the computers.

I’m heavily invested in precious metals.....about 1200 pounds of wheel-weights! memtb

No, the computers make their decisions in milliseconds. They don't think, they just spit out decisions based on what they are fed. Make that based on logarithmic probability input. The pause is for one reason only. Slow down the slide....


Addition: As long as a couple houses keep dumping, the rest are going over the cliff....

Ding!

I moved a lot into cash about 6 weeks ago, I told my partner in some land dealing to do the same. He didn't listen, he's greedy like that.

And then if their benchmark goes down 15% and they only 12%. Hey look we beat the market!!!

Bonus time!!!!

well you are one of the few, on the move, that actually gained or lost... most just blab but have never gained or lost because they have never cashed in.

Down over 2,000 at the moment.

Bear

rush says it's all about the oil

You mean it's going to 19 cents??

Old_Toot, it's funny how many grass piles this turd rolls out of.

Didn't Barry-O just come out of the woodwork to tell all that this is his economy?

Yea, but the fuqked up part will be Trump's.

Guess i picked a bad time to quit sniffing glue.

The most impact on the market today is the Saudi and Russia oil volume/price war.

It will go back up by the end of the month and shortly after that it should be back to the level it was.

One person can be rational but a crowd is insane.

Always reminded me of lemmings.

Hello!

https://images.app.goo.gl/PqrnmUBKm2PAs5JG6

Market has been digesting quite a few variables. First, equities were over priced and a minimum 10% correction downward was in the cards.

Second, COVID 19 has been highly exaggerated by the media to formulate a Trump takedown as orchestrated by the left media. This has had panic selling going for the last two weeks and hit the market for another 5%-7% downward. Truth be told 18,000 deaths this year in US from standard flu, where’s the story on that?

Next old Vlad went after Trump (so much for the lefts lies about Vlad and Trump being buds) and the US oil industry today due to Trumps sanctions against the company building the German-Russian pipeline and hit same company as well in Venezuela, another 5%-7% gone. Shale oil production will take most of the stress and needs at least $46/barrel to squeak out any profit. That industry will see stagnation until China gets back to full factory demand and use as well as greater worldwide demand.

Combine then Chinese factory slowdowns and disrupted supply chains and you have a perfect storm for where we are today. There will be a real run on stocks in the 3rd and 4th qtr 2020. If Trump is re-elected and he gets both chambers the economy will boom and the markets will see all time highs in 2021.

Some good will come from this as US businesses will change their outlook on moving away from Chinese dependency for supply chain, that’s a good thing. Left wingers try to blame Trump for lack of medical supplies and test kits for COVID 19, but they all come from China as the three dummies, Clinton, Bush and Obama sold us down the river years ago. It’s only Trump who has shed light on this horrible situation and is trying to do something about it.

RE stock market, don’t sell (wouldn’t do you any good at this point) and don’t panic it will return sooner than you think.

^^this

uhhhh, yeah.... what he said

well it had to hurry back down to make 2K loss.... but it managed it!
get your cash ready gents!

Don't bear markets generally last a while? I thinking a few months minimum?

It will take me a while to get up the nerve to dump $ into stocks...

Called ‘hyper-programmatic trading platforms ‘.

You snooze you loose. I just stroked a 5 figure check today, looked to me like everything was on sale :-)

Something about a one eyed man in the land of the blind.

I bought today, and I'll buy tomorrow and thereafter.. Some of these stocks are almost historic lows.

Things may get worse but I'm buying on the drop.

Yep, five figures here too. Lots of bargains out there...

It's getting close to being tempting in my opinion on certain things. Energy, no way. I think a closed end mutual fund with a 10% dividend with monthly payouts would be good right now. Reinvest at these lower prices and come out way ahead when things get back to normal.

This isn't just Wall Street. Every Market in the World is tanking. It's not over by a long shot. Just wait until a country like Greece or Italy can't make an interest payment. The blood bath has just started.

What are the costs and limitations on the Closed End Funds you’re looking at and considering ?

lotta bold on here sayin' buy buy buy

Bold is one thing. Putting your cash where your convictions are is another.

I'm buying! Shifted some funds to EDV a little over a week ago and UP.

It does take time (granted, which everyone may not have a lot of), but the stock market always recovers.

true, dat!

Ol' Toot,

I'd probably just roll with evv at this point. Been jumping in and out of that one for years. Pays monthly and I always reinvest.

So, brainiacs (and that leaves liebs out), Rush is saying the market drop is due to unsettling events in S Arabia rather than Corona. What do you guys think?

I did about a year ago. Trump was saying "Look at your 401K----highest it's every been" I looked and moved it all into cash. I move back in when the blood bath is over.

I be buying like a mofo if i wasnt fully invested already.

Some of this is Russia's fault. They want oil to be low enough that American drillers and frackers stop drilling and fracking. They shut down because of cost. Then Russia and OPEC can raise prices as high as they want and they make money. Meanwhile when this happens price of gas may drop below a $1, but then in 6 months it could be $4. It will take American drilling companies a couple of years to recover. Some may go out of business. It takes more time to crank back up drilling than to shut it down and lay people off.

Needs to be kept at about 2 bucks a gallon, put some hefty tarriffs on imports.

Good move, CB.

Oil adds to it. The Corona thing is disruptions of manufacturing

A different slant but there’s no flies on it, Calvin.

After the 10yr/30yr bond inversion and the REPO market shortage last year, I worked my tail off selling off the last of my realestate holdings last year. I have a few bucks in my company 401k in bonds, but the bulk was in real estate. I'm all in cash too getting 2% interest, but it's better than a 30% haircut. I think this correction has a bit to run yet. At some point I'll probably jump into stocks until I find some interesting realestate to buy.

Yep. US majors are also involved and trying to take the medium and small players out. Then they will come back with a vengeance and buy smaller players out for pennies on the dollar. Rich Foreign investors in Exxon will make a killing.

Yep. Supply chain disruptions will affect just about everything, likely for some time.

I was in a parts place after dinner today. I asked if anything was hard to get, only dust masks.

And does ANYBODY like Ford stock????

$5.90 with a 10% dividend.

Been looking at that !

I don’t think that Ford would hesitate to cut dividends whereas, say, Exxon won’t cut theirs.

Jmo

It's tempting at $5.90 toot.

Things are getting interesting. This thing is just getting started though, and who knows where everything will end up. I would like to see 18k or lower by the end of the summer and then it's all in, but until then I'm a bit hesitant.

Can't go wrong long term with Exxon, Chevron, Royal Dutch Shell. When they run out of money everybody else is already history.

dang! what is their 52 week high?

I bet google don't work in Virginia. 😂😂

That's what Caesar said.

18K for the Dow?

And you will have a different party in power....come election time...

10ish.

I am going to see what this week brings and maybe start take some smaller positions in F, WCF, ALK, and BC. Just because I drive a ford, bank at wells fargo, fly on alaska airlines, and have mercs on the back of my boat. (grin)

Years ago, I watched a short documentary somewhere in Anchorage, about the Trans-Alaska oil pipeline. maybe 20 people watching.... near the end they talked about how the oil companies involved in the project were desperate to complete construction before they went bankrupt. I could not help but belly-laugh out loud. Not sure who wrote that script but a multi-national group headed by the "new" Exxon was never in any danger of "going bankrupt" on that pipeline, which BTW has now exceeded its planned life by 20 years.

Governments and Regimes come and go but they remain and will for the long term.

What about good old Gold, it sounds like the US government is going to turn on the money hose soon and devalue our currency again.

There was much talk about BP going bust after the Macondo debacle. They wound up selling off their trash that no longer fit their portfolio, formed a separate sub-company to handle the oil spill and wound up paying no taxes for that year due the “cost of startup “ for the group handling the spill.

Obama really “kicked some ass” didn’t he ?

Norm,,,,,,,when did they ever stop doing that ?

lol, yeah, a real go-getter there

Unless Dims get elected and restrict the use of autos and start taxing the hell out of mileage?

That mileage tax could easily gain traction even in specific States.

DJIA was 1900 Nov 2016 when President Trump was elected. I agree 1800 is a really bad number, but not terminal. I doubt it can get that low, and at that point it is very undervalued. I can't see this latest dip as anything but a temporary thing. Really a number like 2800 (10% compounded annual gain) after a comeback is very very good. I personally think 3000 is too optimistic.
A 10% annual gain would be excellent under President Trump, so 2800 in October would be very reasonable. Naturally I am "betting" on that. I think it will be 3000 next spring after the reelection.

Welfare

Am I missing a zero here ?

yes, K is not a C

You should be, I'am not the sharpest pencil and knew he meant 19,000

Well something ought to shut down fracking. Ruined groundwater and wells all over, and earthquakes in Oklahoma - WTF?

Must be some mighty deep ground water and water wells.

At 18K come election time, too much will have been lost by too many.

Ohio, Michigan, Florida and Pa will go Democrat and Trump will be a past President.

Lotsa times oil isn't deep at all, just hard to get out til fracking came along. And if it was your water well?

I get your feeling, but in times that tough, it would seem even worse to hand the reins over to Bernie, or Biden.

I believe Trump will be re-elected regardless how rough the ride gets.

Man, I pray you are right.

I sure get your point.

Have you had a water well ruined?

Yeah, tornadoes too.

I think the lying idiot watched the anti fracking movie Gasland which turned out to be a big hoax. But a lot of uneducated 'Mericuns believed the lies

"The documentary "Gasland" makes the preposterous claim that natural gas extraction is exempt from federal regulations. In actuality, the process of natural gas extraction is regulated by more than one entity. It is subject to a host of federal, state and local regulations that cover everything from initial permits to the construction of the wells and the water disposal.

One of the most unforgettable moments of the documentary is when a few individuals are interviewed about their tap water contamination. The insinuation is that because of natural gas drilling their water is so contaminated that it can actually be set on fire – which is then demonstrated, to the shock of the viewer. “Gasland” unmistakably points to natural gas drilling as the cause of the flaming tap water. As it turns out, Colorado regulatory authorities fully investigated the claim long before “Gasland” was even made. The results of their investigation completely rule out natural gas drilling as the cause for the flaming tap water. In fact, their investigation found that the cause of the flaming water was due to naturally occurring methane"

It not only seems it would be, but would be. However, there are too many fence sitters and those who vote with their wallet. I would hate to lay his odds at 18K.

. There are no fence sitters this election scratching there head trying to figure out who to vote for.

I just hope President Trump doesn't get too reckless, and die of Covid-19.

Fence sitters went his way in Pa in 2016. They still choose to sit on the same fence.

Maybe in your part of Pa. but my side knows who they are going to vote for.

This is a marketing nightmare in an election year, being 90% of the American public are clueless on economics, finance, and what it takes for the economic wheel to run steady and forward.

Trump could become a transvestite, and that still wouldn’t be good enough to convince them to stay with him, the ones who did cross over and vote for him.

This market will not just bounce right back, with it taking out energy production (taxes for states), and the amount of blue collar jobs tied to the energy industry. The recovery is a “U” with a long bottom in it (several YEARS). It’s not a “V” in 6 months. Supply chain holes from COVID-19 will show up in 2nd and 3rd quarter earnings, and the MSM will pound that drum all the way to election.

To prove my point, the first thing that came to my mind was to show the public two separate charts comparing #44’s first term amount of growth (7K) in the DOW against #45’s first term growth (13K). #45 wins by 6K.

The public won’t see the 6K+, all they’ll look at is the -6K drop the media shows them, as of today, and it might even go down more.

The DOW is presently only 3K above 2-1-2017, when Trump entered office, and if it drops to 20.8K, the news will be saying, “Look at your 401K (mimicking Trump), the economy hasn’t grown at all in his first term, whereas it grew 7K under the democRATS”

You simply can’t fix stupid.

Our only hope is the public doesn’t want Communism bad enough…..yet.

Like I said, it will be a marketing nightmare.

Winning?

Well, I think Biden will be having some serious legal issues hit after the DNC names him is their best bet.

It may be hard for folks on the fence to flip for Hillary or Bernie.

Im getting a beating

As long as Trump is in office, yes. If he stays in the markets will go up and more again, and we wont be paying taxes for welfare and schools and medical care for a bunch more illegal aliens.

We could see 18k by the end of the month....

" The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary" (H.L.Mencken, 1930s)...

Not every Trump supporter is a market investor. A steady job and cheap gas will go along way with a lot of these voters.

Carter - Destroyed the energy industry...

Winning?

Carter - Commie
Clinton - Commie, Druggie, Murderer
Soetoro - Commie, Druggie, Murderer

Winning?

whataboutism[ hwuht-uh-bou-tiz-uhm, wuht‐, hwot‐, wot‐ ]SHOW IPA
noun
a conversational tactic in which a person responds to an argument or attack by changing the subject to focus on someone else’s misconduct, implying that all criticism is invalid because no one is completely blameless:

Well we need you, however Pa inner city blacks didn’t turn out in Obama numbers. Trump will own the center. The fence sitters that swung the deal was suburbia outside of Pittsburgh and Philadelphia. Bragging up on the fire for your little piece of the State wasn’t enough for 2016. Nor will it be in 2020.

I fully understand the point you are making, but those you are describing are susceptible to being "heavily" influenced too, by friends and media who want them to flip back.

It's the follow the crowd mentality I'm worried about here.

Back up the truck and load up on JMF. Huge dividend and we'll all be driving this summer. Gas and oil piplines

I have a decent amount of money in the market, not quite enough for me to live the way I would want yet but a decent amount. My investments returns at 29,000 were a pittance compared to what I made in the same time frame working thanks to this Trump economy.

Statistics proves there is a “high probability” the Commie party, YOU, will put up another commie. That’s FACT, not conjecture…pal.

Not sure if it's time for bottom fishing, like to see some up/down action before betting on a recovery.

Another ignoramous rears his head..........educate yourself Wrapids and you won't come off sounding like a complete libtard dumbass on the subject.

The DOW will bounce back.....

We could see 30k by the end of the month...

IMHO, *WAY* too early to be right back into oil.

$30/bbl is low enough that some (many?) of the shale and small guys will go tits up. The bigger guys will survive but it's going to be a long recovery. Air travel, rail, cruise ships, and transportation in general are taking a pounding, and the next 2 quarter's earnings from these impacts will continue to take a toll and XOM and the like will be forced to revisit dividend pay to maintain profitability, and in some cases, solvency..

OXY, CLR, and the smaller guys are in serious trouble. Expect consolidation in the energy and transportation industries.

There will be some great opportunities, and be happy if you have cash on hand, but OIL right NOW ain't one of 'em.

Gamblers, place your bets!
Kyle Bass thinks there is more downside.
I’ll take the under at this point.

...and the banks, who were fronting these guys with "cheap easy money".

That's the story not out in the public domain......yet.

Astute.... Anyone paying attention would notice that, while this is not a financial sub-prime debacle like last time, financial institutions are taking a pounding as well - especially the ones with a heavy interest in oil.

Today's chit show was WAY more about OIL than COVID-19.

Just remember guys, there are presently more mortgages in default, and higher CC balances, than there was during the fiasco in 2008. None of that was solved. They just printed more money, and said, "Lets do it again....and they did.

This could not go just sideways.....it could cascade......DOWN.

USO is the way to go... get em’...

Wonder what will happen with OXY after their buyout of Anandarko last year or so.

After it was final they all but shutdown their part of the Denver Unit only doing what absolutely was needed to keep them running.

Several weeks ago a 3D geological survey was done here.

Might be more down there.

I assume you're joking.

USO has the majority of it's holdings in OIL FUTURES, not the most stable US oil companies that might survive.

TRAIN WRECK........

I put my play money back in. I even bought a little XOM when it fell below $43. If we get swings like last week, I’ll trade.

Right now, OXY is wishing they had followed Chevron out the door.......

That was the last of the "easy money", before the door was slammed closed.

Might not be a company in 12 months. No interest here.

Only if you're on the opium pipe...sweet dreams

Give it another two weeks and buy.....

If this happens say hello to President Biden.

Wanna bet dumbass?

Oil is oil. How many electric tractors are there(for more than a postage stamp lawn)?

Saudis decided to drop U.S. oil prices by $7 (16%)/ barrel, Europe $8, Asia $6/ barrel after a tiff w/ Russia over cutting production.

You know Clinton had a pretty good relationship with the Russians after the Uranium One deal.

My worries, too. This is a Godsend for the Dems and media.

Pandemic
Market crash
Jobs lost
Fake News manufactured recession

It has to all be Trump's fault. Joe Sixpack might be too easy to sway left. If Bernie drops out soon and backs Biden it will be a tough fight to hold the Senate and White House. Covid-19 will close down the Trump rallies...not a good thing.

If the pandemic is averted, and if Russia and the Saudis come to their senses, the market might rise sharply...a good thing.

1929-10-28 -12.82%
1929-10-29 -11.73%
1929-11-06 -9.92%

1931-09-24 -7.07%
1932-08-12 -8.40%
1932-10-05 -7.15%
1933-07-20 -7.07%
1933-07-21 -7.84%

1987-10-19 -22.61%
1987-10-26 -8.04%

2008-10-09 -7.33%
2008-10-15 -7.87%
2008-12-01 -7.70%

2020-03-09 -7.79%
2020-??-?? -?.??%
2020-??-?? -?.??%

What are the dates and losses for the unfilled blanks above in 2020, and if you think it can’t / won’t happen again, especially with the REPO window throwing money at God only knows who to keep them afloat (And there’s no guarantee that money is even staying in the U.S.A. with the ongoing corruption ), then dive in.

Everything is MAXED out, there are zero life rafts available, and the medical costs are on course to BK the federal government, every state government and every pension in 4-5 years. That is the BIG elephant in the room the communist media, and so-called conservative radio jocks are hiding from the public. The Congress knows about it, but refuses to solve it, because they would lose their jobs from the depression it would cause, by the necessary steps needed to save the country.

The outright theft of the Medical-Industrial Complex: Insurance, Pharmaceutical and Hospitals from the American people, through collusion, price fixing, monopoly…all federal crimes under Title 15 U.S. Code Chapter 1, (100+ yr. old law on the books), Sherman Anti-Trust Act, Robinson-Patman is TREASON.

I wrote a thread here last year addressing all of this, and nobody wanted to discuss it:
https://www.24hourcampfire.com/ubbt...ument-to-bankrupt-the-u-s-a#Post13688911

You people following this DOW thread understand numbers hopefully. You need to read the above link, and go read the links in that thread to educate yourselves on the dire fiscal situation the country is facing. You think the energy industry is in dire straits? We are staring at a complete destruction of the economy if the medical cost problem is not solved NOW. You can forget making money in the stock market. There won’t be a stock market. There won’t even be a country left.

Just to forewarn you, Karl supported Trump 100%, until Trump removed the pages from his website concerning addressing medical costs…the night he won.

It has recovered every single other time in history, and it will again. Do you think all these companies really lost 20% or more of their value in a week? Its just an emotional bump in the market, It is an election year, media fear mongering has been going strong to get at Trump. It might take a year or so, but it will return and we will all be looking back in the rear view mirror on this one as well. As long as you don't sell, you don't lose.

Can still do all of those things. There is money for bail outs, at least as much as there was last time. There is still room to lower taxes, they could also cut spending.

I remember 1987. My father called his broker, but the line was busy until the market stopped going down.

My father never sold, and was back where he started a year later.... like it never happened.

In 1994 I asked my father how he made 20%/year on the stock market, while I lost 20%.
He said it was because I got whip sawed after 5 months. He never owned any stock less than 5 years.

Put that hash pipe down.. You're mixing too much crack in.

Good plan, market timing is the unheraded suerhero of the investing world. All the rich people do it.

Absolutely no guarantee it will be back in a year. You willing to have your money be stagnant for 3-10 years? No growth at all? That is losing, and most don’t get that concept. You lose if your money is not making you good money. The whole concept of “you only lose if you sell” is BS. If you have to wait 5 years to get back to zero you would probably be better off cutting your losses and putting your money to work now.

This. You're fixing to lose your ass if you're in Chesapeake and it goes under.

I bought small positions today in COP, EOG, and VLO, and added to my EPD. EPD is a pipeline company that I have owned for several years, and it typically trades in the upper 20's. I bought today just above 15. The big companies with solid balance sheets will weather this and buy the distressed assets of the small companies that can't service their debt.

Today was the 11th biggest drop percentage wise

https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average


...........date.................................. ......%
1 1987-10-19 1,738.74 −508.00 −22.61
2 1929-10-28 260.64 −38.33 −12.82
3 1929-10-29 230.07 −30.57 −11.73
4 1929-11-06 232.13 −25.55 −9.92
5 1899-12-18 58.27 −5.57 −8.72
6 1932-08-12 63.11 −5.79 −8.40
7 1907-03-14 76.23 −6.89 −8.29
8 1987-10-26 1,793.93 −156.83 −8.04
9 2008-10-15 8,577.91 −733.08 −7.87
10 1933-07-21 88.71 −7.55 −7.84
11 2020-03-09 23,851.02 −2,013.76 −7.79

About to pull the trigger here and fairly soon I’m thinking.

I'm letting oil tank some more. I might get itchy when things get below 20,000. The outcome of the election is first. I won't do anything but hold what little cash I had left when I sold at 25,000.

I'm too old for any prolonged "long haul".

Like I said yesterday, we've seen this movie before, and will again. Oil will recover, oil companies will recover, and there will be lots of money made on Oxy, Chev, XOM, etc. Nothing new here. Companies like Chesapeake have been mismanaged for years so they are a bad example. They are almost non existent here in the Permian.


https://www.marketwatch.com/story/e...ly-as-crude-oil-prices-bounce-2020-03-10

It's been a wild ride, first major correction I've experienced as an investor.

I'm down significantly but it'll come back, just been steadily buying VXUS which is what I need right now.

i was a stockbroker in 1987. the real down was on a monday, but you could literally smell the fear in the air the preceding friday. for a whole week the system was so screwed up you didn't know if orders had been executed or not.
i had a client with big cajones come in on monday, borrow 50k from margin, and put limit orders on various stocks. we didn't know for four or five days if they had been executed or not. they had, Withing about six months he had doubled his money.
I asked him if he ever went to the horse races? I wanted to go too with him.
More nads than i had.

Yahoo!
What a ride we’re on, Boys. Ain’t no horse that can’t be rode and ain’t no Cowboy that can’t be throwed.

Getting interesting.

Good read.....the ragheads would still be herding sheep and goats all over the desert if it weren't for Americans. Dumbasses.....

https://www.bloomberg.com/news/arti...-can-ill-afford-oil-price-war-it-started

Wait till Israel completes its natural gas pipeline to Europe vs Russia’s gas to Europe.

Some sparks are gonna fly. Russia’s revenue is based upon oil, natural gas and arms sales. Knock out any leg of their 3 legged stool and...........,,,,,

if you look at the big picture it is hard to come to that conclusion, without the epidemic, strong market forces would still be in force to right the ship. if there is global decimation, that won't be possible

Put yer helmets on, she's heading down.......

no question, but campaign strategy is gonna be turned on its head

BTW, if anybody wants to lapse into temporary depression, watch Tucker's monologue from last night

JG, what do you think of the retired head of Exxon saying oil would go to 20 this year?

Naa. Trump is in Putins back pocket. Putin is playing him big time. Trump is on the run. Nothings being done.

Obama announced he is no longer responsible for the economy.

Was he ever more than irresponsible with it?

Now that’s timing the market ! 😳😂😂

Jag, ya reckon that the scchitt is about to hit the wall in Iran ?

I see no help for them forthcoming from mutha roosha.

I believe that we might be about to see the mother of all demonstrations there. Iraq, too, quite possibly.

I am not....

I honestly believe nobody but God Almighty knows what will happen to any of the markets. The talking heads are wrong more often than they're right IMO.

I wonder if there was some virus on that British tanker they seized last year?

I have a feeling this is going to be a long grind down for some time. Between oil and corona I expect to see some drama unfold in the credit market. The fed was never able to unwind the 4 trillion from the last recession. Interesting times.

Thinking nothing like a hyper-infectious virus to quell mass demonstrations.

OXY just cut its dividend to 11 cents from 79 today


https://www.marketwatch.com/story/o...-2020-03-10?siteid=yhoof2&yptr=yahoo



When/if the big guys do it will probably be a bottom.

Bingo.

ROR

Some of us 'little guys' smelled bottom yesterday.
The OXY (and MRO) I picked up yesterday and doubled down on this morning popped 14% and 21% respectively by market close.

Nice! Hope it does good if you still have it.

Dow closes up 4.89% , S&P 500 +4.94% , NASDAQ +4.95%

You realize that bounce up is just as, if not MORE, volatile than it's move yesterday? If I were in your shoes, I'd be back out of that ASAP and lock up that (lucky) profit. My educated guess is that it gives up half those gains tomorrow, and starts a 3 month spiral down to under $10.

Look - OXY is a HEAVILY leveraged shale company. At $12B market valuation, that have SIGNIFICANTLY more debt than Cheveron, a $160B company. Let that sink in. They are the #1 producer in the Permian basin, where their cost per barrel is now hovering right around the current cost per barrel on the market, which, oh by the way, experts think will drop down into the $20's.. I have news for you: Oil under $30 is a non-starter for OXY. They cannot pull it out of the Permian for that cheap. Game over.

And today, Saudi Arabia just promised to jack up their oil production, in a global market for oil that is CRATERING. They are augmenting their 41 tanker fleet with extra private ships, and are runnign simulations on how their economy will look at oil all the way down to $12 bbl.

There is a reason OXY announced slashed dividends and reduced capital spending (by more than 30%) going forward- and it's not because life is good in the oil industry. It's panic, and a fight to stay solvent, ESPECIALLY for the shale producers. The botton for energy is months away, but I will be there with you, when it's real.

But... your mileage may vary.

Bought yesterday, sold today.

What do you think of the odds of the shale guys getting a bailout from Uncle Sugar? I don't think Trump would like to see Russia and Saudi Arabia put them under.

THAT is your investment strategy? That my taxpayer dollars will bail out your poorly planned and ill-researched decisions??? Instead of investing in solid industries and companies with a reasonable chance of success, throw some lawn darts at companies bouncing like dead cats and assume you'll be made whole?

You by chance voting for Biden this election season?

Made 11% return on USO in 24hrs.

You should stick to guns...

He seems to think a month from now might be a better time to make some big decisions.

Rumor has it - he's talking of suspending payroll tax as a stimulus. Be pretty hard to put that genie back in the bottle later on.

Did you buy and hold? What was the buy price?

My mileage does vary as in:

All of these Saudi tankers with augmenting extra tankers,,,where is all of this oil go to and who is buying it?

These tankers don’t just sit on their anchors for free.

Which one, Jag ? Lee Raymond ?

I think we are in the same camp, I’ve seen this movie before as the bear takes hold. Coronavirus is just getting warmed up, so expect lots of bad news soon, add oil on top of that. Lots highly leveraged are companies are probably going to zero soon. A good time to get small.

Geez dude, chill out and breathe!

If you accused me of voting for Biden in person I'd have to challenge you to a duel!

Your and my tax dollars, along with interest robbed from savers by the central banks bailed out the entire system 10 years ago. Who is to say it won't happen again in this case when/if things go down hill a little more and they start handing out money? Its called a wildcard.

I've been in the markets for 30 years. Let's say I've done alright and leave it at that. I can assure you that I am not here looking for advice from you or anyone else.

So, just hop off your high horse for a second. You are not the only one here that's seen a thing or two.

PS. I haven't bought any oil stocks this century.

It's all good my friend, and my apologies! I haven't been investing as long as you (25 years here) but like you, have done well enough. I just have a long history in oil and it is an industry I follow extremely closely.

Didn't mean to be on a high horse, this is just a particular investement sector, for a number of personal reasons, that I am both passionate about, and highly skilled at.

I'd hate to see someone making a poor decision based on some non-chalante comments they take seriously.

But then, this is not an investement forum and we can't control those folks.

I hope you find the right spot to sell and realize those gains you saw today!

I'm going to hold. I don't believe the doom and gloom we constantly hear around here. Hell, I shouldn't have bought an oil stock at all this week according to some.

Bought OXY at 17.32 yesterday and then again at 13.37 this morning after the dividend announcement. That's probably not conventional wisdom, but I suspected that if the market didn't punt it after both the temporary halt in (OXY) trading and missed dividend it would rebound. After a slight upward trend I piled in. It did bounce and very nicely.

I bought MRO at 3.87. It's up 23% today.

I am investing in oil this week, but it is some carefully calculated and leveraged short orders in a few spots. I went largely out of oil in 2018 (pretty good timing), just making shorter term plays based on some industry research since then. I will go back into oil with some more specific stocks for the longer term, in 2-6 months, depending on how all this plays out.

They say you can't time the market, which I 100% agree with. I won't even pretend to suggest I can pick individual stocks anywhere else. Oil though, there are some key indicators (economic, political, and others) that drive the end stock prices, that make it ripe for cherry picking.

Apology accepted and thanks for it! Just an internet misunderstanding.

I'm not the one with the gains to take.....unfortunately for me that is the other fella!

I remember a similar situation back in the late 90's up till about 2000. I was buying the drillers mainly Transocean and Falcon. The idea was that they had such a backlog that they were going to be able to survive the downturn which they did more or less, but the stocks still got hammered along with the oil price. I bought way to early, eventually came out, but in the interim thought I was gonna go broke! Oil got all the way down to $13 a barrel back then I think. So believe me I understand being a little cautious.

I have not messed with oil stocks since then. I am starting to watch them now because Monday's crash got my attention and if I go in its probably gonna be with Exxon and or Shell.


Anyway, I could sense that you knew the oil industry and that is why I raised the issue of govt assistance for them at some point. Govt plays such a big role in the markets now and IMO, if this is the start of a significant downturn they are gonna fight it tooth and nail with "monetary policy" that we probably have not though of yet.

I’m still taking the under ...

And here you go.........


https://oilprice.com/Energy/Oil-Prices/Trump-Prepares-Aid-Package-To-Relieve-US-Oil-Producers.html

interesting that Russia and the Saudi's prop up their oil industry under the assumption that we won't

you can make the argument that our oil production is a matter of national security

How low will Ford go before Ol Toot can’t resist any longer?

The PE at $6 in 172, Debt to equity ~500%.

That's like dating a old ugly gal that used to be hot.

Heh!

You bout said it all and then some!

OXY took a pounding today, down nearly 18%, and broke clean through its $12.04 support floor.

Hope you all locked in those gains.

As a young man, with money saved up. Is there anything I should be doing right now? Regarding to stocks and investments.

Don't take advice here whatever you do. 😂

lol

Probably the best advice.

I'd hang on until it bottoms and then invest in some quality companies. Companies like Apple, Amazon, Microsoft,, Boeing, etc are not going anyplace but might take a beating for a while.

Wait-------It's going to get at worst before it gets better. It's world wide-----not just on Wall Street.

Terrible again today. If the market keeps tanking, it does not bode well for Trump, even though it is not his fault. This is his economy, and just as he stands to gain when it's doing well, he will suffer when it goes bad.

buy low, sell high.

Dollar cost average in and out.

Bears make money, bulls make money, pigs get slaughtered....

The best way to get rich quick is to get rich slow.

“Get Rich Slowly” by Charlie Ellis is a worthwhile read.

If he gets to brag and take the claim to fame when its doing well, its his problem when its bad... plain and simple.

Why did the FED just increase the REPO window from $150BIL to $175BIL….hmmm?

https://www.newyorkfed.org/markets/...repurchase-agreement-operational-details

OVERNIGHT OPERATIONS DATES AGGREGATE OPERATION LIMIT
Thursday, 3/12/2020 - Monday, 4/13/2020* At least $175 billion

Remember what I told you guys 2 days ago about the REPO window?

All of the bank’s collateral on their books is worthless junk, and no bank wants to hold that hot potato…even for 1 night, so the government has to step in. Now the government (Tax payer-YOU) is stepping in to hold the hot potato (Bad collateral).

Isn’t that nice of the government to remove the risk of failure from private enterprises, and place that risk on the taxpayer’s back?

If somebody walked up to you and placed a turd in your hand, would you loan them money against the value of the turd?

This “depression” is just starting. Just wait until the healthcare system BK’s the states and pensions. You haven’t seen anything yet.

2019:
Healthcare - $1.5T
Defense - $.75T
Debt service .325T approx
Ttl – $2.5Ttl approx

Healthcare cost rate of climb 8% / yr, but last report, it jumped to 12%

Cost of Medicare:
2020 / $1.50T x .08 = $1.62T
2021 / $1.62T x .08 = $1.75T
2022 / $1.75T x .08 = $1.89T
2023 / $1.89T x .08 = $2.04T
2024 / $2.04T x .08 = $2.20T

2024:
Medicare - $2.2T
Defense - $.75T
Debt service - $.325T
Total – $3.275T approximate

2024 - healthcare, defense, debt service costs total tax receipts.

BOOM – Welcome to Argentina, Venezuela, Zimbabwe, [U.S.A.]

POOF – your money just went up in smoke, because there is no money left over to pay for even the light bill in government offices, not to mention wages, and ….wait for it…pensions.

And we all know what happens when the printing presses get run wide open…to pay the bills.

Who went and read the links I posted, to educate you guys, 2 days ago?

The above numbers aren’t pulled out of the sky. They come straight from the government’s books.

DOW 30:
2020-03-09 -7.79%
2020-??-?? -?.??%
2020-??-?? -?.??%

There is a lot more to this economy the the stock market and oil.

It is down, but would still be an all time high for me 3 months ago.

Where I live they are closing the schools.

Or sooner.
Futures currently off over 1000 points, setting up for an open in the mid 22s. Market is no longer “shrugging off the Coronavirus.”

It will be back up by summer.

Agreed ... just not sure which one.

I think of it like this....


99% sure it won't be that bad....

You stick money in a couple 3 weeks from now when the market is really down.... make out like a bandit.


Or you stick money in and die from it so you ain't out chit anyway.


But I have no heirs and no fortune to lose either.

It was absolutely baffling seeing what guys were posting on here about the stock market. Still is. This thing is JUST getting started. Wait until earnings reports start coming out.

Earnings reports will be one thing, the thing that will really tank the market is the forecasts by the companies. They will probably punt on their forward looking statements and the market HATES uncertainty. I guessing this thing is going to get a lot worse.

No, foreign countries failing to meet their debt payments.

The market always overshoots, both on the upside and the downside.

Here comes the Fed........

https://finance.yahoo.com/news/fede...ion-as-bond-market-churns-181357372.html

Headed to the bank in a few minutes. There are several stocks I'm going to jump on.

A few more days like this and 18k will be in the rear view window.

The truths are below the quotes from the article. Oh how they can spin the lies. It’s worthy of an Oscar…


And…broker dealers needed massive amounts of liquidity to cover margins being called in that could not be covered, because it was money loaned to our connected friends.


The Federal Reserve has launched an over $1 trillion liquidity operation to save the investment banks.


The Federal Reserve has launched an over $1 trillion liquidity operation to save the investment banks.


The fed needs to come save us.


Analysts are scratching their heads trying to figure out why banks won’t lend to each other. It’s because their portfolios hold collateral that is worthless, and no bank wants to hold it for even 1 night.

“In any event, dealers appear to be shifting their focus away from the U.S. Treasury market in favor of deploying their balance sheets somewhere else”…yeah, onto the backs of the taxpayers through the REPO window, thus the reason for the $1 trillion+.


preserve own funding = collateral is junk

firms are pulling back = all banks know who holds junk collateral, and won’t lend money on bad collateral….thus the REPO window has to step in….increases funds to cover needed cash.


If it was “far” from broken…the FED would not have been FORCED to add $1 Trillion+.


The actions…will allow them to kick the can down the road …again.

By the way, that $500 BILLION they added today….was gone in ONE HOUR.

And the $500 BILLION will be gone in…..ONE HOUR tomorrow too.

You can only bale water for so long………………

I just jumped in with both feet!! This is all political and market will recover fast.

IMO, this is a real bear market and it's going to play out over some months, not a few days. This virus is having a big impact on a lot of industries right on main street. I think we will see -35% or greater fall. This is just the first wave.

If that happens, it’d be hard to not see it as an opportunity for a lot of us.

Their only option left is to turn the printing press wide open, and throw money at it....and the market "laughed" at the $500 BILLION the "taxpayer" handed it today...that should scare the crap out of everyone...$500 B I L L I O N.

They have already started to do that.

DOW closed @ 21200.95 today. It closed on June 2nd 2017 @ 21200.74. That's almost 3 years of gains gone. She hasn't hit bottom yet.

I'm buying today, if it goes down again I'll buy tomorrow.

My post in this thread from 2020-03-09 comes true…unfortunately. We’re now “here”, and more bleeding is to come:

Remember the above post from 3 days ago? I had to fill in another date and percentage unfortunately.

Look at the first two dates for 2008...6 days apart. 2020 was only 3 days apart, and worse.

It's starting to look like all of the other times....and that is NOT good...because there is way more "BAD" debt on the books.....everywhere,...and that means uncharted waters.

See that 1987-10-19 percentage? That can happen tomorrow after they throw another $500 BIL at this "cascading down" pig, and the market laughs at it again.

Once the ball starts rolling----it's awful hard to stop it & change direction.

Thankfully there is more to life than money.

Especially where gravity is concerned.

Still keeping the powder dry here.

The question is when. Good luck.

This is a buying opportunity people. It's not "if" it will rebound; rather, it is "when" will it rebound.

good luck, man. I am clucking here like a chicken for now.

Good call. Give it a few more weeks to make sure you ain’t gonna lose out on a better opportunity. Then get greedy.

Ford is calling your name.

I’ve grown somewhat hard of hearing.
Grins

No kidding. Way too many good companies getting cheap to take a chance on a dog.

There’s only one way out, and that’s raise interest rates, and force the schit party to begin with BK’s, and the ones who leveraged themselves to the bottom of their eyeballs will be cleaned off the deck…but they won’t do it…because: that’s our “connected” friends, and we won’t get re-elected.

If they raised interest rates, it means many years rebuilding the carnage and back on the road to recovery, instead of not and a “hopeful” turn around in the public’s eyes, and chance at retaining the WH. Otherwise commies win election, and they would just pass legislation that would extend the carnage longer, just like FDR did, and force Civil War.

There is no easy way out from here. It is either a schit party with BK’s and we lose the WH, but we get back on the road to recovery (Patriots sacrifice the WH for the good of their country-fight like hell to keep it FREE until we retake it) or Civil War with the commies getting elected, and “not letting a bad situation go to waste", while they finish destroying what little will be left.

Damn, did I just describe Civil War is immanent either way? I guess I did, and that is what happens when an economy “completely” collapses and half the people are commies.

As I write this, the after-hours market is still continuing to bleed RED, and I still can’t pull the trigger to get out, because it’d be a big loss, and I want to believe there will be a brighter day and it’ll come back. After writing the above and thinking the only available options through…it’s like saying goodbye to your country here if you pull the trigger, just like you say goodbye at a funeral….and that’s damn hard to do…especially when your direct ancestors where here before it was even a country, and opened and settled the frontier….damn watery eyes.

I’ve been buying everyday and still hope it goes lower! I’ll keep buying all the way until it hit bottom and then I still keep buying....

I'm just going to keep rolling money on the way down, everything I buy today and tomorrow and next week is still a better value that all the stock I held the day this started. I've refrained for a long time in buying anything. Not going to pass up on this opportunity any longer. I feel like there if value in Amazon, Apple, Microsoft, even Disney once things return to normal.... That is where my money will go. I might lose it all as well but if I do money won't be worth anything anyways.

It's a strategy and you should take advantage of it if you can.
But it's almost like the big players want episodes like this in order to buy assets for pennies on the dollar and consolidate their holds on markets. For instance, the big oil companies will buy up the small shale players.

Margin calls will drive the market some until they’re all cleared. Those with cash are going to be able to buy historic bargains. Many big players quietly went to cash weeks ago and are now feasting on the carnage. There will be no bottom until the margin calls are cleared. I expect the market to shoot back up rapidly from wherever the bottom is. The Wuhan 400 will come and go and the currently deleveraged will leverage for dirt cheap on the way up and make obscene profits. Then they’ll quietly deleverage again when the market raise begins to slow.

I jumped in today with a whopping $ 2,000 . I bought VYM. It is a Vanguard high yield ETF. It has the more conservative stocks like Exxon Mobil , At&T, Johnson & Johnson, ETC. . With todays prices, the ETF will pay 4% dividends. I also bough Occidental Petroleum today but only about $100.

Cash out refi, here I come!

It would appear that the recent selling of gold is to cover those margin calls.

That would be my guess as well.

Any thoughts on Royal Dutch Shell? I'm thinking about buying about $30,000 of it. Any other dividend stocks I should be looking at? I've got about $60k I've had on the sidelines waiting for a chance like this.

Bb

Wells Fargo, GM, Alaska Airlines are on my radar.



I personally am staying away from energy.

There’s a whole bunch of quality stocks that are on sale right now and could even get cheaper.

If y’all were to guess,,,,,how much longer away would you proffer that the turnaround is ?

I’m guessing 5 to 6 weeks and that’s probably too optimistic on my part. Y’all ?

Your $60K is 12/100,000ths (0.00000012) of a percent of what was thrown at the market today ($500BIL), and it continued to bleed.

Tomorrow will most likely be a repeat…or worse.

There’s some financial advice to chew on, and think about.

The DOW is now approaching a good point in which to buy (sure it may well go lower but no one can predict when it will hit bottom). Prices are lower now and more in line with traditional Price/earnings ratios. I've been bleeding cash back into the market (about $1,000-2,000/day) over the past 2 weeks and will continue to do so. In a year or so, the market will recover and I'll be happy I did so.

I been saying for two or three weeks: Nov 15.

When these idiots sign tax relief legislation, where will the new money come from to replace the tax receipt money you just removed from the budget, so the BILLS can be paid…..oh, that’s right….printing presses….they’re now running 3 shifts 7 /days/wk…or is it 12/12/7 days/wk now?

How does the market come back when you keep adding more to the total debt, and devaluing the money?

Venezuela, Argentina, Zimbabwe, [USA]……remember that class?

Load the helicopters and drop….rinse repeat.

What does the chart look like: “V”, “U”, “\____/”(Long bottom), or “L”(sideways for decades….just like Japan)…..or maybe it’ll continue to cascade down, until it’s completely worthless, and we can start fresh…..by having a Civil War and removing these traitor communists (NWO, Deep State).

I would wait, I think energy has a ways to fall yet. This is a double nut kick for oil, no travel and OPEC. I think it will be better in a month or two. Or buy in 1/3 now, 1/3 in a month, another 1/3 a month later and average in. If things look like they are bouncing up you can always go all in.

It all depends if we can avoid an Italy scenario. If the spread can be slowed and managed, things will be ok. If we overwhelm the system, all bets are off and stocks will crash hard.

I will say, most here are getting way too greedy way to soon. Their isn’t blood in the streets yet.

This administration has totally did a botch job on the virus.



There will be more pain.

It sucks as I am all in.


I am just meowing.......but it will be the administrations faux paws.......idiots IMO

Exactly how have they botched it?

If you think about it, GM and Alaska are kind of energy stocks too....

One thing that worries me is Bespoke Tranche Opportunities aka synthetic CDO’s. They’ve quietly made a comeback and they’re just as toxic today as they were in 2008. I wouldn’t touch a big bank stock ! Why is there a need for 1.5 trillion in fed repo ? Because banks know what’s on their books and assume everyone else has the same financial nuclear waste on their books also.

Retiring in a year, not what I wanted to happen LOL or Crying. Haven't looked at my TSP account, don't really want to know right now. We do have it towards the "safe" side, not the risky make money stuff. Going to ride it out, Hoping for the best, expecting somewhat worse..

The last 2 bear markets corrected to 49% and 56%. This one is only at 26%...so far.

Yep, life's a bitch and then you die.

This could be a "Gift horse" buying opportunity. I put a few more bucks in about two weeks ago, thinking about putting in more tomorrow.

I already debunked the FED’s lies a few pages back:

https://www.24hourcampfire.com/ubbt.../14655715/re-dow-is-phuqked#Post14655715

Great buying time.

Axe rootin tootin Putin.

The borders should have closed.

Period.

Don’t go full retard on us.

Seriously?

I could write a 10 page Emergency Action Plan, right off the top of my head, but I won't, being I'm not being paid.

1 - You have spies all over the world, and this government damn well knew what was happening, but did not want to take the proper action, because it would tank the economy, even though doing nothing, like they did initially, would ultimately tank the economy too. It was a no win situation for whoever was at the helm, the economy would take a hit either way, but it could have taken a softer blow than we are now facing.

A well spoken individual could have "SOLD" this to the country on a televised address to the nation as a national EMERGENCY that will threaten the survival of the country, unlike anything we've ever faced, if it was presented and articulated correctly.

I won't go any farther, because I'll just be accused of armchair quarterbacking...

I will add, my postings concerning hygiene, (first world plumbing) is holding true, and will help us here, as it has in many other countries. Yes it's spreading, but not like wildfire in places with bad hygiene, and no running water.

When it kills more people than this years strain of the regular old flu, get back to me.

You ARE Monday morning Quarterbacking.

And you are an idiot.

Far more stupid than Trump could ever be.

All kind of circuit breakers are popping over in the Asian Markets. Halting trading. I saw where India is opening up it's reverses to prop up it's market. South Korea halted trading. Maybe another Black Friday on Wall Street??

Futures not nearly as bad as they were last night (only off 600 at present) but there is still plenty of time. And it’s Friday the 13th!!!

Yeah, you're right...our spy satellites, which can read cards in a person's hands, and our assets on the ground, could not see what was happening....right?...and that valid information could not have been used for the good of the country....right?...

No, not an Idiot here,...because I could wipe the floor with any of these azzclowns in a debate, who are running our country into the ground, and implement better policies to turn the country around,....so chew on that pal...because when I'm in a room with intelligent and highly successful people, I've never had a problem garnering attention when speaking policy, with a Congressman or leaders in industry listening, and them acknowledging I'm right....but...it is lost, and too corrupt to save...and it hurts BAD to write that fact.

We're looking at a complete financial collapse here, and you won't hear that FACT from the flat screen or from the fake conservative radio jocks...padding their pockets with millions as they participate in milking the country dry, too, for whatever they can get out of it....the entirety of media is owned/run by communists, and if you think these fake conservatives are there, standing in the gap and speaking truth, well, I simply don't know how/what to tell you.

In 2008, they had one (1) last failsafe lever to pull, to save the country. That last lever isn't working...didn't work today, and it won't work tomorrow....you can book it....

I'm no little spring chicken punk, born in 1991 and living in mommy's basement, like many think here.

I basically happened to arrive here to spend time and to ignore what is happening to the country, and read and see pictures, and reflect back on what a great nation I was lucky to grow up in (a great nation once based on Judeo Christian principles, great moral values and integrity,....years ago, when we still had a nation...got it...good.

I truly don't give a damn anymore...we've crossed the financial Rubicon, and there's no turning back.

Link

Phil

So you are going on record that this is a complete financial collapse.

Ok, we will see.

Below are the Cliff Notes:

https://www.24hourcampfire.com/ubbt.../14653145/re-dow-is-phuqked#Post14653145

Here’s the long version nobody wanted to discuss I wrote last year:

https://www.24hourcampfire.com/ubbt...ument-to-bankrupt-the-u-s-a#Post13688911

I’ve noticed in your postings, you seem to be a pretty intelligent person, and I’m sure you are capable of comprehending the numbers. Go read the long version, and follow the links in it and read it, to make yourself abreast of the dire situation we are in. All financial data supporting the numbers are derived straight from the government’s books.

If they pass legislation, removing payroll tax, they will fast forward what you’ll read concerning Medicare BK the country. I haven’t run the numbers yet, and payroll tax elimination might just remove all available time (temporary safety net) we had left to correct it, before face plunging into the BK wall, as a nation.

And an hour later they are now up 500.
Be interesting to see what tomorrow brings.

Trust the plan, man.

The deep state and fed are being taken down along with its fiat money.

So fundamentally what's changed? Why should things be so different after the panic-demic passes? If anything changes will make the economy more resilient. Always works out that way else the Dow would still be trading below 5,000.

Set me back two years on the stock market.... good thing I count my wealth in grandkids.

Think it'll never go up again? Anyway you don't count your money when there's still risk involved. Kenny Rogers had a hit song about that.

Second reply:

Ok men, here's your proof I'm not BS'ing about this being a COMPLETE FINANCIAL CORE MELTDOWN

It's not just a little $1.5 TRILLION...you ready?.....IT'S $4.5 TRILLION they're throwing at this CASCADING PIG.

"Frazzled Fed Rolls Out Fastest Mega-Money Printer Ever, up to $4.5 Trillion in Four Weeks"

"The Fed is going nuts trying to contain this".

Gee what paragraph should I post to "grab" your attention...hmmm:

"In total, this would amount to nearly $4.5 trillion through April 13 that the Fed is offering to create to bail out Wall Street, REPO market participants, the asset holders, the banks, and Corporate America. It would more than double the already re-ballooned balance sheet (currently $4.3 trillion). It could push the balance sheet to nearly $9 trillion by April 13.

This is apparently the price of trying to maintain the insane Everything Bubble that the Fed has created since 2009."

"It may well be that there is neither enough collateral nor enough demand for cash to come anywhere near those amounts.

This was the case on Thursday, when the first $500-billion REPO was way under-subscribed, with only $78.4 billion being accepted. The rest of the cash the Fed offered found no takers."

ES91 - Remember what I said about the collateral being junk?...That is why they only got $78.4BIL pumped into the market yesterday. The entities couldn't obtain more money, because their assets didn't have the value to backstop the loans.

Found no takers = Junk collateral.

Read the whole article. This financial CRISIS is exactly what I said. They used the last failsafe lever in 2008, and are trying it again...this time redlining the printing presses for a WHOLE MONTH.

https://wolfstreet.com/2020/03/12/f...r-ever-up-to-4-5-trillion-in-four-weeks/

Great stuff, ES. Thanks

Would you get in the market at any level? Wouldnt stocks be worth more than worthless fiat currency?

The above is a quote from the article I just posted. Notice this person just suggested what I posted back a few, concerning raising rates to force the BK’s to start the road to recovery.

https://wolfstreet.com/2020/03/12/f...r-ever-up-to-4-5-trillion-in-four-weeks/

By the way…that article “just hit the street” while most everyone is sleeping right now. Probably planned that way to save a run on everything first thing in the morning. (People not having a chance to read before getting ready for work)

I assume you read my post back a few addressing me trying to pull the trigger to get out of this market and cut my losses, and that was before knowing what I just found concerning the $4.5T, so my money and I wouldn't consider hopping onto this CASCADING PIG with this new info.

Uncharted waters. Isn't that what I said a few pages back?

Stocks become worthless when the business files BK, and there will be numerous BK's, so you end up with worthless Stock Certs vs. worthless fiat..

0 = 0

Here you go boys…

Here’s part of the corruption your FED ($4.5T TAX DOLLARS) is attempting to backstop with YOUR MONEY.

“First Enron of 2020: Muddy Waters’ Short-Target NMC Health Just “Discovered” $2.7 Billion Undisclosed Debt”

“This wildly turbulent year just produced its first Enron-like scandal. At the rotten heart of it is NMC Health, a FTSE 100 company that has health-care operations in 19 countries and is based in the United Arab Emirates.”

The above is just a mild sample of the Criminal Industrial-Medical Complex ripping off people, which I posted links to educate you people about in this thread, that is on course to BK the country.

https://wolfstreet.com/2020/03/12/f...discovered-2-7-billion-undisclosed-debt/

As of now it is up 5% and oil is up 5%. Anyone here that doubts the market wont recover does not believe in the American ingenuity. The system is the best in the world and would be better if government would stay out . Dont be a bit surprised if the market closes up by the end of the year. As of rme, the best thing that could happen is it stays down. When I buy dividend stocks, you get 25% more divies if the price goes down 25%. I'm ok with getting 25% more divies cause the price has always gone up. My son works at a financial company. He takes calls from people all day long about their 401K's. He said there is huge insider buying the last few days. The dumb people are selling and the smart ones are buying. There is no doubt that the energy stocks will be the deal of the century. You cant have the most valuable commodity on earth go down when the economy is expanding. It is way off balance. Another thing about oil, if it stays down for a long time or goes too low, you may see fighting in the middle east. Saudi Prince is a real piece of work from what I heard on the talk show. Dont be surprised if someone takes him out and fighting begins.
All someone has to do is bomb the reserves.

Thanks.

As a service to all my cyber friends at the fire, I will be willing to relieve any of you of your "worthless fiat currency" at any time. Arrangements can be made via PM at your convenience.

Fiat isn’t worthless yet. Then again, the small businesses and employees that aren’t working and can’t work from home haven’t had their bills come in yet, either. I’m not adamant that this is “The Big One”. It may be another warning. The truth is, however, that the Fed has been propping up the market by digitally inventing currency and installing it in the markets. Money out of thin air.

Why can’t that work? Because the value of ANYTHING is based on what the masses believe it to be and the lesson of printing ourselves out of a recession or depression has been leaned (and apparently forgotten) over and over again. Greece, Roman, etc.

Like I said, I won’t pretend to know that this is the beginning of depressed that we have coming, but its coming. Happens to all that have tried this method and inventing currency failed 100% of the time. That is a fact.

The whole world is awash in debt and that matters not as long as debt can be serviced. That’s how it’s been and will be.

Ok. When the financial markets recover will you leave the campfire in disgrace?

M

One thing that 24 campfire financial analysis is consistent at , being wrong! lol

Amen

Nope, Its up 20 some odd percent vs the stock market in 16 days.

Yep. If foresight were hindsight, there'd be a lot of billionaires around here. I'm betting there are exactly none. ES has proven over the years on these boards he has diarrhea of the mouth and this particular thread is a good example. Rocky Raab will be along shortly to proclaim he is up 30% in this market.

Elkslayer is a kook. Needs to be flushed.

So...we have Trump to thank for this?

He’s entertaining like many idiots. Safariman could take him to the cleaners playing on his paranoia. The Wuhan 400 will pass , the market will recover , and fiat money will still be worth what the market deems it’s worth. Gold will continue to be a good way to separate fools from their fiat money. Go try and buy your groceries with gold or pay your power bill with it.

Please tell us more Mr Goldberg. .

Three times I have thought things are going too good and perhaps I should take some off the table. Three times the financial advisers told me no. This last time, they said they were expecting the bottom to be right around 28,000.


Oil isn't much different than diamonds....There is an overabundance of it, its only value lies in manipulation....This time you can blame Russia. Russia in essence said, try this on for sanctions and see how it feels. They saw the perfect time to stick it to us and broke with the Saudi's on a stabilized oil price. Which we need to compete in the oil market. The Saudis prefer a stabilized price because their entire economy is based on it. They can beat Russia silly with cheap oil and will..... Until then are own oil market is screwed....

No one gets oil into the barrel cheaper than the Saudis.

Elkslayer is a doomsday kook, always has been.

I wonder if he'll share his TP stash with any of us...........

Agreed.

If I signed a health certificate to ship animals intra state in the same conditions they haul people around in the jetliners I would get an inhumane charge.

If I knew a population of critters had exposure to a Novel virus......exhibiting signs of disease......and I signed a health certificate........I would be in trouble.

Greed got us into this deal. And now it's going to be WAY more expensive than if we nipped her in the bud!

Just braying!

P.S. if you gonna say there was nothing that could be done.....fine so be it! We should have done nothing and let her rip! Not try to mop up after the fact.

Just my opinion .

I am getting more optimistic on the virus. Steps are being taken to slow things down. I still think we have some downside but it’s getting close to buy time.

Damn, you are a good man.

You've inspired me to make the same offer regarding Remington 700's, Leupold Scopes and Creedmoors.

What do you need to know, stick ?

Nah. I enjoy the boy’s ramblings.

You can actually read them? They are formatted like a poorly written email trying to get you to subscribe to a investment newsletter.

I can clearly see that you have no appreciation for a ‘Masterdebator”.

Grins

Maybe a few points about how the lives of debtors are measurably improved by carrying and servicing it, as opposed to raising funds through capital markets or just foregoing debt all together.

Moved a chunk out ~ 27,000 - 27,500. About time to put it back in.

Elkslayer does appear to be out near the edge of the charts. I am never comfortable with people who frequently bold parts of their posts.

But he seems to be anti-Fed and supports eliminating the influence of International Jewery on our country, both good things.

10 years ago I was helping walk the dogs every night with the neighbors.
One 40 year old guy with an econ degree that had $4M from selling his business, would argue with me about investing.
He thought the federal reserve was a scam.
I was around him for an hour a night for a long time and I really yelled at him about how stupid he was.

In the end this forced me to:
1) define: Why we need a fed?
2) delve into: What IQ level and what mindset become suspicious of the fed?

The answers to satisfy my simple mind are:
1) We need bang bang control to be faster than other economies with start up technologies
2) It combines conspiracy theory emotions with seeing money as having intrinsic meaning beyond a transaction.

The thing that helps me is the metallurgy of Roman coins with dates. The metal value changed at a rate that is the same as American inflation.

It looks like the market tried to rally but failed. People are really starting to panic with the shutdowns of public events and schools.

Jer,

When it hits real estate like 2008-2009-2010. Buy a house or two. 👍🏻😎

Nope....Thought it was an old Asian dude who decided milking a bat was a good idea. 😎

DEAD CAT BOUNCE

OFF TO THE RACES !

They’ll probably take gold before they take a printout of my stock holdings. LOL.

That may be true, but it's not near as cheap as some people think. I'm of the understanding it's somewhere around $55 bbl necessary to run their economy without deficits. That's why I don't think it will stay in the $35 range....Saudi's lost their azzz big time the last time the price took a nosedive, when they were trying to break the shale producers. It was a miserable failure.

It will be a miserable failure again, but let them try.

You can woulda, coulda, shoulda out of your ass till the end of time. I’m telling you how it was, is and will be for as long as your ass points towards the ground whether you’re standing, sitting or laying on your back.

There’s too much Military activity going on to ease the situation.but it seems that our balance of trade has improved and being energy independent (for the time being) has helped a bunch too.

But it is what it is. Repeat, the whole world is awash in debt and it ain’t changing in our lifetime. Period.

Big problem is going to be when the virus migrates to computers and crashes the whole internet. Stand by.

Correct in that they want it higher to run their economy. However, the Russians backed out of some XYZ agreement to keep it at the higher number. Which the Saudi's didn't want to happen and they told the Russians you will regret the day you backed out. Knowing they can sell it cheaper than Russia and for a long time. Question is why did Russia want out at a higher price. Some of the thinkers say to disrupt American production when we were already dealing with the Corona problem. Cheap oil is definitely not in the best interests of our producers.

Eventually Russia will be compelled to join backup with the Saudi's. Until then, they are putting a hurt on the US economy because our companies can't compete at the current rate.

Addition: Who's side is Russia on? Trump can now say obviously not mine. Then who is in bed with who and maybe that is what he wants to be allowed to say come election time. Then again if the Russians want a weak America thay want Biden. Who is zooming who? The smoke and mirrors of politics....

Thank you very much for proving 100% you are totally incapable of discussing financials, derived straight from the government, when they are placed at your doorstep.

Dumbazz commie's have the same problem as you, they too run their mouths in their delusional attempt to project intelligence, while they make a complete fool out of themselves.

Spoken like a true idiot, who obviously too, can not discuss or understand numbers.

Funny thing about internet trolls with zero facts to support their claims....they ALL have diarrhea of the mouth.

Until you can present evidence you are capable of discussing financial numbers, the evidence proves you are the kook.

Elder at your church, aye?

Ah, what's the matter, you feel you aren't getting enough attention on here too?

How about showing the class you understand financials, and are capable of discussing them at a level above High School, or would that be Elementary for you, like all other idiots and trolls of your caliber?

I wonder if this troll will share his ability to discuss numbers?

Nah, same as the other trolls....

"elkslayer" cracks me the f*ck up!!

Now that's damn impressive.

I haven't read a briefing with the depth of intelligence you displayed, not to mention the effort you went to in your facts, details, and supporting data in well..........a long.......hold on, that's a lie........I have to tell the truth here...........I've never read such ignorance.

I'll give you this much Joel, you've got vagueness down to a science with your attempts to look intelligent.

Can you discuss numbers......that's the topic, numbers.....not trolling.

Buying time for those that are smart.

I saw quite the number of oilfield trucks out working in the oil field that is not shut down today.

Might be i saw even more around town today.

As for working oil all of the pump jacks are running a regular here in the REAL oil field.

Other than what i have seen i really can't say.

Ugg, wish Rick would flush the mentally ill on here.

Elk slayer,
Thanks to people like you it’s much easier to make money in our Capital Markets, thank you.
You don’t have a clue, you are definitely looking for one and may find it. Your love for our country is evident.
You seem plenty smart, just relax and do more homework.
Think Philip Morris outsmarting and sending Winston packing to Japan. Russia has their timber sold for the next 211 years, their only other exportable product of ANY size is oil/gas. Their current age of infrastructure to pull oil/gas from the ground, transport to refinery, storage capacity is nil and public education system is literally 1960. Who will win that pissing contest, Saudi’s just raised triple digits billions by selling 25% of National/Princes Family to idiots across the globe. Russia’s Ruble dropped another 10% this week.
There are only 2 fiat currency’s in this world, ours and the Eurozone. We both have debt out the wahoo, rates are down for a while. The 1.5 Trillion was needed ONLY because of the rules mandated by your lovely representatives in Washington, the Fed flushed money into the system to keep the rates low for quite a while and to provide liquids for the banks as small and medium size businesses had payroll coming and business had a very uncomfortable sudden slow down. Would you had rather had banks tell their business clients that their revolving credit line was going to be stopping immediately right when our economy was humming and business had just invested in expansion? I detest debt, hate it because people and businesses over extend. But only at nominal levels. But the innocent youth of families get whip sawed and employee families get hurt when jobs are lost. But credit is an awesome tool and needed for our type financial system, which is far and away the best ever created.
LIBOR( London Interbank Offering Rate), our current system for the basis for damn near all the loans made over the past 50 years is going away December 31 2021, it’s going to be a messy time as we convert every single loan in the Developed World to a T-Bill based system. Long term loans will most likely be unavailable as the Banks take tons of risks looking and loaning into a 30 year future.
I believe it’s time to borrow money in earnest for as long as you can get the bank to go.
But your evil Fed and Capital theory is untrue, you can find someone who going to poopoo everything that goes on worldwide, that’s doesn’t make them right. Nor do I think I’m right with all my beliefs. This particular subject I’m pretty knowledgeable about as I fight the damn Yankees every work day in this arena. And yes they are good at their job, but so Am I.

A elder in his church, member on his school board (99% of members are democrats), and professional internet troll. Now that's a damn strong resume if I've ever read one (That's a lie)......oh, and a business website that looks like a 8 year old created it, or was it a 6 year old, Joel?

Joel, do the other elders in your church know you're a professional internet troll?

Joel, remember what I told you back a few:



I could insult you some more here, and say I was lying when I told you how I thought you were intelligent, but I won't, you have done an excellent job proving that fact.....I knew you needed your head inflated, and I also knew you would suck it all down: hook, line and sinker (pun intended), so I obliged you there. All trolls have egos which need feeding.

Joel. let me show you what a TRUE CHRISTIAN looks like, even after you've been a professional troll to me. You need some sound business advice....your website sucks.

Your home page....scroll to the bottom, the wording on the bottom right runs off the page.

Attention to detail and first impressions are crucial to businesses, and most of the time, when people observe minor imperfections, they feel that same attention to detail will be delivered through their services or products they offer to potential clients.

Hey, Joel, go get your chit together, and stop being a troll.

There’s no way someone actually believes all the nonsense Elkslayer spews. I suspect there’s an actual genius behind the ruse.

In the field of psychology, it perfectly describes people like this Elkslayer clown. It's called the Dunning–Kruger effect, and is a cognitive bias in which people assess their cognitive ability as greater than it is. It is related to the cognitive bias of illusory superiority and comes from the inability of people to recognize their lack of ability. Without the self-awareness of metacognition, people cannot objectively evaluate their competence or incompetence

Thanks for adding to your posting above.

JG,,,,,are you saying that ES is Obama’s alter ego?

Dude !!!!

Why have you not graced the Elk Hunting Forum and shared your stated expertise in the art of which you’ve claimed such reknown?

They need you there.

Rick is laughing at you, I can assure you....while he's laughing his azz off and watching you get your azz handed to you.

Your assurance is reassuring, I assure you.

Nobody believes opinions from the NE are sound, especially from MA. Now go to the back of the class, and....well.....just sit and be quiet.

If you read elkslayers old posts you will see he’s even nuttier than he comes across on this thread. Sucks when this place becomes a platform for the mentally ill.

Btw, I book so much business off that website than I am now currently booking other boats to run trips for me as my boat is 100% booked almost a year in advance. I turn away so much business it hurts.

Very happy for you my friend. It happened fast.

Bucket List!

People I've helped on this site through PM, and phone discussions, would prove your ignorant thesis concerning me, as being a complete ignorant statement, produced by an ignorant man......that'd be you.

I absolutely love it, when a troll like you, insults somebody and doesn't offer anything to the subject matter at hand, and then when called to the carpet, they come back....rinse...repeat.....in an attempt to look intelligent with their blathering, while still, never posting any evidence to support their trolling claims in their original insults....just as you just did.

Democrats reference psychologists to support their positions, not patriots.

Pizz off commie.

Let those fine folks you’ve helped and guided here on this site please step forward and tell their personal stories of success via your free advice.

Surely they’ll do so.

Smokepole has the fort held down, and provides much needed "book smarts". Why he's so smart, he's got everyone convinced he's a backpacking hunting fool.....even though he sleeps in a....wait for it....hotel when he "supposedly" goes elk hunting.

Why he's even the owner of a few tents too, and a stove. I didn't know or realize hotels let you burn a wood burning stove in the room these days. BUDDABING.

5 on 1

Same story as always on here, and exactly like commies act.....when one of your padres is getting their azz handed to them, because they bit off more than they could chew, you all come running like a pack of dead beat welfare mooching/leaching democrat commies to back them up, and add your own nonsensical blathering, with zero proof to support your accusations.

How do you boys like having your azzes handed to you on a silver platter, by a 29 year old and living in mommy's basement, your words, not mine?

You boys couldn't even make an Elementary school debate team, being you have absolutely ZERO facts supporting your statements and lies and insults against me.

It's free laughing entertainment though.

STFU

Every interaction I have with you people further proves your value. First it is "it matters not as long they interest is paid", and now it is "well that is just how it is". You cannot help yourselves, you are destroyers down to your DNA.

Ahhhh, No. Show me the data.

Still coming at me with your accusations with zero proof, aye? And you accuse me of being a nut / mentally ill.

That's called Gas Lighting commie school board member, something you commies are good at.

How ironic. If it weren't so damn sad to read your nutty postings, it'd be laughable, but it's not.....yeah, you're a sick puppy Mr. fake Christian Church elder.

It's sick people like you that give good Christians a bad name, while they falsely represent themselves for business purposes. The fact of the matter is, you're so damn mind numbing stupid, you fail to realize you're posting all of this on the internet with your business in your signature, thus proof you're too stupid to discuss finances, being any intelligent and successful business owner would not make these postings with their business name attached.

Boast all you want about turning away business. From what I see here, you don't have the maturity that crosses to having good business acumen to acquire that level of business. The fact you don't know how to better capture your overage, to bring higher profits, instead of subbing it out proves I'm right.

Again, trolls and narcissists always pump themselves up. At least you're "overflowing" in that "business" area.

I'll give you one point, you did attempt to discuss numbers a few back......you discussed how I highlighted words in my posting.

Your uneducated self fails to recognize, professionals have been utilizing such for decades to point out important numbers or facts. Again, you expose your ignorance while failing to recognize what professional copywrite looks like.

The numbers. Where is your thesis Mr. smarty pants.

Boss, the plane....the plane

Boss, the numbers.