Lol, Party Like is 1999..

[Anonymous]

PEAK OIL. PEAK OIL. PEAK OIL.

[Hobie]

I think you are on the right track flu. As colleges are offering more and more on-line classes, those grads will be very used to not working in an office environment.

Since you remove the m/f workspace, maybe sex harrasment claims will reduce?!

[spdrun]

^^^

Great — so people will be even more socially isolated and stressed. Yay technology!

[svelte]

[quote=svelte]
I’m now wishing I had went with 10-15% as that would have been wiser. That could last me few years until the market recovered. So on the next downswing, I’ll probably move from 20 to 10-15% stable/bonds and hope I can get that lost money (in my mind) back. That’s the plan anyway.
[/quote]

Well. Market is back where it was when I moved the second 10% to stable funds.

Now is my chance. Am I brave enough to pull the trigger?

We shall see…

[Coronita]

[quote=svelte][quote=svelte]
I’m now wishing I had went with 10-15% as that would have been wiser. That could last me few years until the market recovered. So on the next downswing, I’ll probably move from 20 to 10-15% stable/bonds and hope I can get that lost money (in my mind) back. That’s the plan anyway.
[/quote]

Well. Market is back where it was when I moved the second 10% to stable funds.

Now is my chance. Am I brave enough to pull the trigger?

We shall see…[/quote]

Do it. Drip drip drip drip.

[zk]

Disclaimer: I know nothing about this sort of thing (as you’ll probably find out tomorrow).

Prediction: A 10% drop in the stock market tomorrow. That’s my prediction, but a 15%-20% wouldn’t surprise me a bit (if the circuit breakers allow such a thing).

Anyone else want to hazard a guess?

[svelte]

[quote=zk]Disclaimer: I know nothing about this sort of thing (as you’ll probably find out tomorrow).

Prediction: A 10% drop in the stock market tomorrow. That’s my prediction, but a 15%-20% wouldn’t surprise me a bit (if the circuit breakers allow such a thing).

Anyone else want to hazard a guess?[/quote]

My instinct tells me it is going to be a down day.

5-10% feels right to me, but it could definitely be bigger. Lots of discouraging action was taken this weekend, markets are going to have to react to that. I thinkwe finally realized that many businesses, schools, etc may be closed for eight weeks.

Futures are down for sure.

https://www.cnbc.com/2020/03/15/the-sp-500-futures-hit-limit-down-at-5-percent.html

Even before the bad news rolled in this weekend, I figured it would take the typical pattern of a big down swing (that was Thu) followed by a slight recovery (Fri) and then the downside would kick in again (that would be tomorrow – Monday). I think we are on track for that.

[Coronita]

Down, but I think there will be a lot of winners in the long run. I’m buying so much shit from Costco and Amazon now that I’m going to be working from home, what I normally would have spent for 1 quarter’s worth of office budget was spent in just 1 week. Lol.

Ryzen 3900x system: check
Mac Mini system: check
Two new monitors: check
16TB raid drive: check
New conference calling gear: check
Oxygen Ventilator/Consolidator: check
Breathing masks for Oxygen consolidator: check
Lots of flu medicine: check
Room humidifier: check

I wish I knew about this event back during black friday. I think I would have saved 30% if I bought back then then now. Then again, who can predict a pandemic event would take us on a new course.

Also, last time I checked, food, sanitizers, diapers, toilet paper, are still all out of stock.

Meanwhile, my gas bill just nosedived, lol.

My scheduled index funds auto-purchases trigger the 18th and then the 30th of the month. Drip drip drip drip buy index funds

[spdrun]

Do you mean an oxygen concentrator?

You should also look at getting hydroxychloroquine if you can obtain it (either online or from a 3rd country).

[Coronita]

oxygen concentrators normally require a doctor’s prescription. I ended up being able to get one with a prescription. I figure I buy one and in case any of 8 of us get infected and they don’t have enough hospital grade ventilators this might help. Plus I know a few older people on my street that have asthma and might have problems and probably aren’t going to be proactive to prepare. The trick will be finding someone trained to shove a breath tube down there. I’m asking all my friends who are nurses which one had been trained to do it and can do it. You never know when it might be handy. ,
Can’t be too cautious to be overprepared for the long haul. Sort of like making slow drip investment over the years so when something drastic happens, you’re already a few steps ahead.

[The-Shoveler]

[quote=The-Shoveler]Wow, Glad I pulled out of the market just after posting the above.

They are having bank runs in India !![/quote]

We get another big down day (say S&P -35%) I am going to start moving my 401K back in slowly may 10-15% at a time.

[Author]

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