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Old 02-27-2020, 10:42 PM #1
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The Market and the Virus.

The stock market is down about 12% in two weeks with the coronavirus. Japan just announced the closing of all schools for a month. Going with the CDC prediction it will hit the US. Good time to have some cash around.
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Old 02-28-2020, 12:07 PM #2
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I am glad I saved my ass and bailed on the market late January, but mad I did not short it too. Not sure if this is overdone or not. Chinese are liars and it could be worse than reported.
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Old 02-28-2020, 02:43 PM #3
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I am glad I saved my ass and bailed on the market late January, but mad I did not short it too. Not sure if this is overdone or not. Chinese are liars and it could be worse than reported.


As opposed to the Halo over the United States ????? LMFAO

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Old 02-28-2020, 03:05 PM #4
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The down side of this looks rough if people panic. The worst day in market history has come early in the viral spread.
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Old 02-28-2020, 04:07 PM #5
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This is a fantastic sale! I'm buying a bit today.
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Old 02-28-2020, 04:59 PM #6
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This is a fantastic sale! I'm buying a bit today.
I'm waiting for the 75% to 90% drop.
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Old 02-28-2020, 06:46 PM #7
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They are just starting the process of cutting house lots into a farm field right next door. This collapse can't come soon enough.

Congrats for sidestepping this train wreck of the everything bubble. Like pack prices dropped so drastically, so will demand for crappy consumer junk in America if this gets legs.
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Old 02-28-2020, 08:58 PM #8
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Converting some extra cash into genetics not represented in seed fridge, two kerelas and kullu.
Would hate for the world to collapse around me and also feel stupid for not getting them when i could.
Got to be prepared.
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Old 03-15-2020, 09:53 PM #9
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It seems to be the same case with crypto .. probably lots of people converting their assets into cash now in these uncertain times
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Old 04-01-2020, 06:18 PM #10
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What industry will be affected the least?

Ok, the shit storm is considerable worse than when this thread started end of February.

Everyone is going "sure of course Recession", but what I'm hearing is "oh fuck Depression".

Seems like gold speculators have been locking in their gains. But the question is: How low will it go? Is $400 too low (end of 1990s)?

Same for silver.

Defense stocks should do well, but the big and mighty have fallen on their face lately (Boeing & Bombardier), so aerospace is all but none existent in all but a few spaces in north america. How about BAE?

Resource sector?

Food. A lot of things were rationed during the great depression. (Sugar and such).

Walmart or Dollar Tree?

Medical/Healthcare?

Hospitality may seem like it's in the shitter too, but companies like HILTON don't actually own their hotels, so maybe they can bounce back easier.


Thoughts?
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