Financial markets vs. C8 orders
#61
Banned Scam/Spammer
If you are remaining calm when everyone else is in a panic......obviously you are not aware of the situation..... this is a consumer economy fueled by debt,,,,, it has already collapsed and the Markets are trying to reflect that …...I have sold my winners and banked the profits and kept the high dividend payers that have healthy balance sheets.....under the assumption that they can and will pay dividends....who knows ?
IMHO a recession is inevitable unless a effective and affordable vaccine is developed , and distributed n the next few months...
I bought my car but I doubt that I will get it this year if plants are closed to reduce the infection rate...… the sky is actually falling...
IMHO a recession is inevitable unless a effective and affordable vaccine is developed , and distributed n the next few months...
I bought my car but I doubt that I will get it this year if plants are closed to reduce the infection rate...… the sky is actually falling...
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vettesweetnos (02-27-2020)
#62
Le Mans Master
Unless you are super rich how are most doing today with huge market losses this week? If you don't have any market money invested then you are just fine. Cant wait to see where this thread might go in several months. Probably ignored by those that did not see the forest thru the fire.
Who here was planning on pulling money out of their funds to buy a C8? A few, and I'd be interested in learning what their strategy is. I'm saving up cash to pay for mine (probably 3 years from now).
Have a good one,
Mike
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chas70 (02-28-2020)
#64
Instructor
Thread Starter
If you are remaining calm when everyone else is in a panic......obviously you are not aware of the situation..... this is a consumer economy fueled by debt,,,,, it has already collapsed and the Markets are trying to reflect that …...I have sold my winners and banked the profits and kept the high dividend payers that have healthy balance sheets.....under the assumption that they can and will pay dividends....who knows ?
IMHO a recession is inevitable unless a effective and affordable vaccine is developed , and distributed n the next few months...
I bought my car but I doubt that I will get it this year if plants are closed to reduce the infection rate...… the sky is actually falling...
IMHO a recession is inevitable unless a effective and affordable vaccine is developed , and distributed n the next few months...
I bought my car but I doubt that I will get it this year if plants are closed to reduce the infection rate...… the sky is actually falling...
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stevesvette (03-09-2020)
#65
Melting Slicks
Idk I’m loving the markets today. Bargains all around. Ford at $7 a share that’s an 8%+ dividend. Easy money.
to anyone panicking there won’t be mass quarantines. This is essentially a strong version of the flu it has a 2% death rate which is elderly and people with compromised immune systems. This isn’t some death blow to any economy.
china quarantined people in hopes of stopping it before it got out. That failed so now we as a people have to deal with it. The idea that people will stop living is ridiculous. 2% of the population will be very careful, wear masks and take precautions the rest of healthy society will continue to live our lives.
I’m doing the opposite. Using c8z savings to buy stocks. You buy during times like these and it’s a waste not too. Might just pick up a base if I’m still making profits when the Z hits.
to anyone panicking there won’t be mass quarantines. This is essentially a strong version of the flu it has a 2% death rate which is elderly and people with compromised immune systems. This isn’t some death blow to any economy.
china quarantined people in hopes of stopping it before it got out. That failed so now we as a people have to deal with it. The idea that people will stop living is ridiculous. 2% of the population will be very careful, wear masks and take precautions the rest of healthy society will continue to live our lives.
I'm doing just fine. My IRAs are down, but I'm not taking (nor will I be for the foreseeable future) any out, so the impact of this temporary downturn is, well, zero. I don't have a "several month" viewpoint, I have a several YEAR viewpoint.
Who here was planning on pulling money out of their funds to buy a C8? A few, and I'd be interested in learning what their strategy is. I'm saving up cash to pay for mine (probably 3 years from now).
Have a good one,
Mike
Who here was planning on pulling money out of their funds to buy a C8? A few, and I'd be interested in learning what their strategy is. I'm saving up cash to pay for mine (probably 3 years from now).
Have a good one,
Mike
Last edited by gatti-man; 02-27-2020 at 01:02 PM.
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#66
Market news quote today. "It's official: All three of the major U.S. stock indexes are in correction territory, if rounded to the closest whole number. Traditionally, a stock market correction is defined as a drop from a recent high of 10%, or more.
Since hitting their all-time highs, the Dow Jones Industrial Average (DJINDICES:^DJI), Nasdaq Composite (NASDAQINDEX:^IXIC), and broad-based S&P 500 (SNPINDEX:^GSPC) have all fallen 10%. The bulk of these losses have occurred since the previous Friday, with the Dow Jones dropping 666 points, 1,175 points, and 1,033 points in three of the past five sessions."
Since hitting their all-time highs, the Dow Jones Industrial Average (DJINDICES:^DJI), Nasdaq Composite (NASDAQINDEX:^IXIC), and broad-based S&P 500 (SNPINDEX:^GSPC) have all fallen 10%. The bulk of these losses have occurred since the previous Friday, with the Dow Jones dropping 666 points, 1,175 points, and 1,033 points in three of the past five sessions."
#68
Idk I’m loving the markets today. Bargains all around. Ford at $7 a share that’s an 8%+ dividend. Easy money.
to anyone panicking there won’t be mass quarantines. This is essentially a strong version of the flu it has a 2% death rate which is elderly and people with compromised immune systems. This isn’t some death blow to any economy.
china quarantined people in hopes of stopping it before it got out. That failed so now we as a people have to deal with it. The idea that people will stop living is ridiculous. 2% of the population will be very careful, wear masks and take precautions the rest of healthy society will continue to live our lives.
I’m doing the opposite. Using c8z savings to buy stocks. You buy during times like these and it’s a waste not too. Might just pick up a base if I’m still making profits when the Z hits.
to anyone panicking there won’t be mass quarantines. This is essentially a strong version of the flu it has a 2% death rate which is elderly and people with compromised immune systems. This isn’t some death blow to any economy.
china quarantined people in hopes of stopping it before it got out. That failed so now we as a people have to deal with it. The idea that people will stop living is ridiculous. 2% of the population will be very careful, wear masks and take precautions the rest of healthy society will continue to live our lives.
I’m doing the opposite. Using c8z savings to buy stocks. You buy during times like these and it’s a waste not too. Might just pick up a base if I’m still making profits when the Z hits.
The Chinese don't lock down cities and roll out the mobile crematoriums for something that isn't a big deal. There's something we're not being told.
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#69
Intel has a quarantine requirement of 14 days for any employee that even transits through an airport in China, South Korea, Japan, Hong Kong, Macau, Singapore and Italy before returning to work.
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Larrio Andretti (02-27-2020)
#70
Le Mans Master
AIUI the CV-19 mortality rates are only being calculated based on those that are hospitalized, which is just about on par with the "ordinary" flu for those hostipalized. YMMV, "there are lies, damned lies, and statistics", etc.
Will we see funeral pyres? Nope. Will the markets be impacted for several months, maybe even a year? Maybe. Will the media do everything they can to blow it out of proportion? Every. Single. Time.
Truth? Who knows?
Will we see funeral pyres? Nope. Will the markets be impacted for several months, maybe even a year? Maybe. Will the media do everything they can to blow it out of proportion? Every. Single. Time.
Truth? Who knows?
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#71
AIUI the CV-19 mortality rates are only being calculated based on those that are hospitalized, which is just about on par with the "ordinary" flu for those hostipalized. YMMV, "there are lies, damned lies, and statistics", etc.
Will we see funeral pyres? Nope. Will the markets be impacted for several months, maybe even a year? Maybe. Will the media do everything they can to blow it out of proportion? Every. Single. Time.
Truth? Who knows?
Will we see funeral pyres? Nope. Will the markets be impacted for several months, maybe even a year? Maybe. Will the media do everything they can to blow it out of proportion? Every. Single. Time.
Truth? Who knows?
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#72
Market corrections are par for the course....Hmmmn I'm no longer a paper Millionaire. Still waiting for the C8Z...Market/s should be up by then..if not I'll pick up a ugly GT-R
#73
WSJ this morning, virus killed 2700 people worldwide. Last year 6590 pedestrians in the USA were killed by cars.
might want think about this so called plague.
might want think about this so called plague.
Last edited by Racer86; 02-27-2020 at 01:48 PM.
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#75
Drifting
Dunno, still have more returns in the market than when I put the deposit down. Rode the wave in 07/08.........some need to learn how to surf.
#77
Melting Slicks
Dude... normal flu has a 0.05% mortality rate, this is at 2.3% which is on par with the Spanish Flu of 1918. When 1/3rd of the workforce is home sick, scared to go out, schools are closed etc. our system grinds to a halt and money/value evaporates. It doesn't take much to have a major event.
The Chinese don't lock down cities and roll out the mobile crematoriums for something that isn't a big deal. There's something we're not being told.
The Chinese don't lock down cities and roll out the mobile crematoriums for something that isn't a big deal. There's something we're not being told.
people don’t all get the flu or a disease at the same time and even if they did it’s 2 weeks then back to work as normal. This is extremely blown out of proportion. But sell your stocks bc ill be buying.
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#78
Dont do it. We’re no where near the bottom yet. I’m a daily trader. Thats how I make a living. 1/2 my profits were wiped out since Jan 1st. I’m still up 12% for YTD but that’s only because of extreme vigilance and a little luck getting into MRNA. Well... more than a little luck. I sold off my entire portfolio and got into MRNA. It’s my only investment right now. I wouldn’t touch anything else right now. The market still has more to give back. The VIX was up 28 points yesterday. Maybe gold but that might be overvalued as well.
#79
VIX is at 39.16. That’s crazy volatility that’s not in your favor.
Last edited by Larrio Andretti; 02-27-2020 at 05:32 PM.
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#80
You don’t trade on facts. You trade on people’s perceptions of the facts. BTW if you look at the numbers realistically there is a good chance a few million people could die in the US alone with a 2% death rate.