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CoronitaParticipantThe Democrats tried that, but the thing is it’s just making Democrats look even worse like a disorganized bunch of idiots. What Democrats need to do is get rid of the fringy left candidates and narrow it down to 2 candidates. Even so, they are running at a huge disadvantage. The economy for practical considerations is doing well, people feel their retirement accounts are doing well, and it’s unlikely any of that will change in time before November. History favors the encumbent.
It doesn’t matter anyway for individuals who’s main investment strategy is a slow DRIP style investment into indexes. Then all of this meaningless over the longer period. DRIP style investment has consistently outperformed in my portfolio that speculation.
CoronitaParticipant[quote=spdrun]Bernie is within 1% of the Buttigieg, and that’s in Iowa where he’s a local/midwestern guy.[/quote]
yeah, but kinda surprised Buttigieg did so well.
Anyway, Bernie win is almost guaranteed another 4 years of Trump.
CoronitaParticipantDow was up 400 yesterday, up 265 today. That puts it above the pre-coronavirus one day 600 pt drop. So like I said, the coronavirus is probably a non event for US markets…unless we have a major outbreak here.
Impeachment is off the table now too. And Bernie and Warren looks like are trailing, so that’s good news for Wall Street.
CoronitaParticipant[quote=svelte]Holy freakin christ I hope nobody on here actually shorted Tesla…they were up to $961/share at 3:30 today!
From a low of $178/share on June 3, 2019!
What rational reason can there be for that?
Sure they showed a profit and it looks like the tide may be turning for them, but let’s get real here!
I think the most logical explanation is that the short sellers were forced into a “short squeeze” corner where they all had to buy stocks at the same time to cover the shares they borrowed last summer…and that is causing the price to jump.
Bet it comes down over the next few weeks.
Man some folks got burned very very badly on this.
If only I’d been brave enough to put all my cash in buying stock at $178. But you know what? I would have sold way before now anyway. Mind games![/quote]
If they did, they won’t admit it. The folks that shorted AMD when it was single digits got burned even worse.
It’s my opinion that the people predicting a stock market crash because we are close to the end of a bubble …. are dead wrong. I think we are just at the 2nd inning of a bubble-licious rally. That coronavirus did a pretty good job to wack 600+pt+ off the dow, but that seems to have been a panic selloff. And looking over the period of MERS and SARS, the US markets didn’t tank during those periods of time, and SARS was arguably as detrimental to China . It just doesn’t feel right. People are hyped up about Tesla, and Apple, and AI, and people have bought into the recovery story of now more value-ish plays like GE and Boeing . I wouldn’t be surprised for most of this coronavirus influenced mini correction to be made back over the next few days provided that the coronavirus turns out to be what people think it is: mainly a problem for China…..And from an international trade perspective, this might actually be good. China is basically dropping tariffs on anti-virus drugs because they need all the help they can get, so it seems logical that pharma and biotech might actually rally at this point. Meanwhile, there was a lot of capital flight from the Chinese markets over the past few days. I seriously doubt all that capital is going to be camping out in gold and bonds and bitcoin. Gold, for example, didn’t rally to the extent that people in the D&G (doom and gloom) category thought it would. It didn’t even touch $1600/ounce when the virus panic started and now, were back down to $1560/ounce, despite Chinese inherently loving gold. So where did all that money go??? I suspect to the US equity markets. I wouldn’t be surprised if we rally back. Yes, there will be a few companies that will say their business is impacted by a new economic weakness in China from the virus (a convenient excuse), but it won’t be a problem across all companies. If we have a virus outbreak here in the US, then that could be a problem. But imho, even if we do, I don’t think it would be worse than the influenza. Just my opinion, it’s the wrong time to short. Not yet. For me, with that 600 pt drop, I moved a small previously cash position back into the markets. I think we’ll see this rally back in the short term. The dow was back up 400+ yesterday. I’m just drawing on my prior experience from the dot.com days…if one thinks it’s similar, it feels like things are just getting started. That tesla doubling in price is a prime example. The unicorns (which tesla is one) usually starts moving in doubling tripling in price…And then those main unicorns get exhausted in price movement, the lesser more questionable unicorns start to rally massively too for no reason…Also we haven’t seen a flood of IPOs from less than stellar unicorn companies from the Bay Area. My litmus test is when companies like Chewy starts to rally the way WebVan and pets.com or etoys did. We simply aren’t there…yet…
The good news is oil. maybe time to get in too
CoronitaParticipanthttps://www.cnn.com/2020/02/03/asia/coronavirus-doctor-whistle-blower-intl-hnk/index.html
coverup after coverup.
Continuing to defend Chinese government makes anyone look nothing less than a fool. These WeChat messages were circulated well before they were taken down. People knew about this outbreak way earlier. But couldn’t do anything about it. Now that precious chinese economy is going to take a big hit. Karma.
CoronitaParticipantlol
CoronitaParticipantFacism works great at quickly moving things forward….until they don’t. just ask all the Uyghurs China has been continuously persecuting.
https://harvardpolitics.com/world/chinese-documents-uyghurs/
CoronitaParticipantI believe I will be more right more times than you have been right Brian. it all started with my early call that Hillary would lose and Trump would win irrespective who I like and dislike. You’ve been wrong for consistently a lot longer. That’s not an opinion. That’s a fact.
CoronitaParticipant.
CoronitaParticipant[quote=ltsdd]and for those gullible enough to believe the Chinese “official” figures of only a few thousand are infected with the related deaths of a couple hundreds. The flu infects and kills more people every year, but you don’t see entire cities getting “quarantined” like they do with Wuhan. Seems like every plane that left Wuhan had at least one infected person. That’s about 1 in 500 (.2%)? So, .2% for a city of 10 million people should yield at least about 20K infected….and you give the virus about a month to spread…what would the real figure be?[/quote]
well I did point out when the official numbers were 1000 people that I was in contact with overseas says the number was closer to 4000-5000 and that was only when this first started to get reported.
But again, over the next few weeks I think the US and Western nations will see a lot less cases and a neglible numbers of death simply because
1. lower population density
2. better sanitation and hygenie
3. better prepared medical staff
4. proactive involvement and coordination between the CDC and our federal and state governments.It’s a good thing that the US clamped down on travel to and from China. it’s wasn’t alone too. Australia, Japan, korea, every other nation.
.. Side effect, virus will probably do more damage to China than the trade tarriffs did. I wouldn’t be surprised if the US gets better trade concessions as a result. 2020 will look good for the US me thinks after this panic subsides.CoronitaParticipantone good thing to come out of this virus is it just shows how ugly and corrupt the Chinese government has become. But many of us already new that. The ones that weren’t blindsided by the state media’s propaganda machines.
https://www.theguardian.com/world/2020/feb/02/shameless-outrage-china-coronavirus-outbreak-mask
CoronitaParticipant[quote=spdrun]Why not just have a long corridor with stalls with full-length doors on one side and sinks on the other? Some stalls would contain toilets, the others will contain urinals. The advantage would be that one could wash their hands after touching the door latch.[/quote]
many men don’t wash their hands, and worse many men use their cell phones while taking a shit. So many times I’m sitting on the throne, and some guy next in the stall next to me says “hello, what’s up. how’s it going”…. weirdest feeling. and then intentionally I flush, and I can hear the guy next to me explain to someone “yeah, sorry I’m in the bathroom” lol… Gross. Also why I don’t ever use someone else’s phone I don’t know…
I’m waiting for the day someone accidental drops their phone into the toilet. I always grab a towel and use it to wrap the door handle when I leave a bathroom. or if the door opens outward , i kick it open with my foot.CoronitaParticipantSide effect. US won the trade war…
China cancels tariffs on virus prevention drugs….
If US wanted to do a powerplay, now would be a time to extort more trade concessions while China is on its knees. Tie the availability or virus drugs to increasing trade concessions on consumer electronics. Their economy in the short term is screwed up anyway. ours will be fine. It would be the Machiavellian to do. It’s not personal it’s business.
CoronitaParticipantSpeaking of bathrooms, and unrelated. In my crude survey…. 8.5 out of 10 women hate this new gender neutral concept of bathrooms in California.
Why? Because many biological men are simply gross slobs that stand up to pee, who don’t lift up the toilet seat, and who end up peeing all over the seat in a public restroom.
Most biological men, even the anal retentive ones that are OCD, can put up with the slobness pigness of other men simply because even if the bathroom and toilet is completely filthy , most of the time you can just remain standing , aim, and (mis)fire….
Biological women, on the other hand always has to sit down whether they are doing a #1 or #2. So that’s why women only bathrooms in the past has been 100x cleaner than men’s bathroom…. No one wants to sit on anyone elses pee or poo, so there is this hidden code among women to keep the bathroom clean out of respect for each other. Well guess what? Now with these gender neutral bathrooms, women have to deal with a gross toilet all the time… Many have mastered the art of squatting.
If I were to have a bathroom rules,.I wouldn’t have done it this way. I would have split the restrooms into two categories:
“Sit down toilet only, no standing” and I would have made the urinal with a low ceiling that would make it impossible to remain standing.
“Standing or sitting toilet”
which basically is an anything goes toilet. -
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