patrick.net

Is the face of stock owners ripped off yet or do we need to wait a few more days?

I kinda think that it is not worth going back into stocks soon (until corona thing subsides) as the supply chains will keep suffering. Then again, this advice comes from someone who pulled his savings out of stocks 10000 points prematurely.

rd6B says

Is the face of stock owners ripped off yet or do we need to wait a few more days?

I kinda think that it is not worth going back into stocks soon (until corona thing subsides) as the supply chains will keep suffering. Then again, this advice comes from someone who pulled his savings out of stocks 10000 points prematurely.

If you're under 40-45 I'd be loading whatever I can into index funds. I'm too lazy to trade individual stocks (besides a few here and there). Always be buying up to a certain age, but if you have the flexibility to load up right now I would. And if it goes down 5k more, load up more. This is one of those events you don't miss out on getting stocks at a stupid silly discount because of an overhyped flu. (again, when I say stocks I mean index funds before anal Andy comes out of the woodwork)

Don't worry about the short term.

I think that if another few weeks go by and Americans are not getting severely ill in large numbers, we may see the mother of all rallies.

But if the virus takes hold here, then it could be a few years before stocks rally. But rally they will.

"Buy when there's blood in the streets."

The precedent for this again goes back to the Spanish flu, where millions died. Corona-virus doesn't have anything close to that fatality rate. Message here is houses made of paper can be washed away by any crisis, real or manufactured.

If you lost everything in '08 and didn't learn your lesson...

If stocks can go up 32% in 2019 with corporate earnings up about 4%, they can go down 25% with a flatish earnings forecast for the year 2020.

It won't be long before Coronavirus makes Social Security solvent again, with lots of government squandering wiggle room. MAGA!

Cull the weak! Coronavirus is good social parasite medicine! OOPs! Did it kill the doctors, too?

jazz_music says

The reason they have been telling us all that government is no good is because the oligarchs were gaining monopoly over the use of government by using their corrupt influence more boldly all the time

Get it? Government is no good for us, only them.

Government is THE tool.

Government Is the keys to the kingdom.

The sooner you get that through your head the sooner you can start fighting FOR it, not against it.

Like they do!

try living in a country where it's exactly what you want, China, Venezuela... sorry you missed soviet union that one didn't work out. But the other 2 are still there sort of. Fucking utopia!

Ceffer says

It won't be long before Coronavirus makes Social Security solvent again

You might be right - death rate for over 70 year olds is many times that for younger people.
WIN-WIN!
As AF would say, we can now invest surplus of Social Security in Uzbek stock fund managed by Kazakhstan company!

Jazz wants to give the government MORE power so the ruling class has LESS power? Makes absolutely no sense.

Totally ass backwards

Beware short term bias. We are still more than 3 times where we were 10 yrs ago.
x3 / 10 yrs ain't bad.
Could be (or become) a lot worse.

FAP FAP FAP FAP FAP FAP

Lefties: "No Immigrants are on benefits, idiot right winger!"
Also Lefties: "OMG! How could DRUMPF! do this, and scare these needful good immigrants off Benefits!"

My state Virginia has turned Blue in the last election because of redrawn districts, the growth in DC suburbs, carpet baggers from Blue states, and an increased population of illegals. This new Dem majority is now seriously pushing driver's licenses for illegals along with automatic voter registration at the DMV.

OccasionalCortex says

GOOD!

The National Flood Insurance Program should be abolished as well. What a total moral hazard. 80% of houses build on the East Coast (not just Florida) over the past 70 years would never have been so if regular insurance markets were in force. Same for regions that are large flooding plains inland too.

So all existing policies should be amended such that the next time a house gets trashed from flooding or a storm, the government DOES pay it out...but policyholders then sign over their land to the government, which puts into conservativeship or something like that. No more rebuilding over and over againl

Either that or they have to pay regular market rate for it or maybe they won't be able to get insurance. If they're rich enough - let them build.

Nobody in the US has died yet. Don't hold your breath waiting to cheer. Meanwhile plenty of people have died every day since the CV came to the US due to traffic accidents, homicide, heart disease, cancer, and the flu.

Now that they decided to saddle Pence with the Grand Vizier FaceFuck position on Coronavirus, Dems are criticizing him for not monitoring every single act of wonton butt fucking in Indiana to stop HIV there.

He's gone to that great Buckyball in the sky!

Ceffer says

He's gone to that great Buckyball in the sky!

You talking about Tabby’s star?

Dyson didn't believe manmade global warming was a problem. He believed in science.

Shaman says

You talking about Tabby’s star?

OccasionalCortex says

Don't you mean 'Dyson's Sphere' in the sky? Buckyball was named after Buckminister Fuller.

Absolutely not. Buckminster Fuller invented Heaven. Everybody knows that.

Onvacation says

Dyson didn't believe manmade global warming was a problem. He believed in science.

Maybe he went to the Great Socialist Paradise Gulag in the sky for re-education in the next life.

jazz_music says

TWO FORMER FEDERAL PROSECUTORS PREDICT IVANKA WILL BE INDICTED ON FRAUD CHARGES

I don't knowww.

That might make great leader (i.e. daddy) very very very maaad.

marcus says

That might make great leader (i.e. daddy) very very very maaad.

Who's your daddy?

I mean, it may save Bernies life.

It’s near certainty that if Bernie wins the Democrat nomination, he is going to get Clinton’ed

He didn't believe in climate change but he was a lefty socialist. Looks like my grandmothers brother.

The Democrats are between a rock and a hard place.

If Bernie is the candidate, he will lose Florida=lose the election.

If they screw Bernie, a lot of the losers will just not get off the couch to vote, they will not have party loyalty to the hypocrites in the DNC.

I guess this is the final stage of the total humiliation of the loser party.

The Democrats are between a rock and a hard place.

If Bernie is the candidate, he will lose Florida=lose the election.

If they screw Bernie, a lot of the losers will just not get off the couch to vote, they will not have party loyalty to the hypocrites in the DNC.

I guess this is the final stage of the total humiliation of the loser party.

The Democrats are between a rock and a hard place.

If Bernie is the candidate, he will lose Florida=lose the election.

If they screw Bernie, a lot of the losers will just not get off the couch to vote, they will not have party loyalty to the hypocrites in the DNC.

I guess this is the final stage of the total humiliation of the loser party.

The Democrats are between a rock and a hard place.

If Bernie is the candidate, he will lose Florida=lose the election.

If they screw Bernie, a lot of the losers will just not get off the couch to vote, they will not have party loyalty to the hypocrites in the DNC.

I guess this is the final stage of the total humiliation of the loser party.

I hate it when clambo has the keyboard hiccups.

Flavius says

Anyone think testing for the COVID-19 virus will be easy

I do. I was on the team the designed the 7500 in the picture as well as other PCR machines. Every fucking hospital in the country has a PCR machine. It's like the soda station at McDonalds as far as molecular biology labs go and not hard at all.

It's ridiculous we haven't been testing way more people. It's cheap, fast and super sensitive. Perhaps false positives but so what. Complete malpractice on the part of our government agencies who've been lying their asses off.

They're not even hiding it; they know they can't. They're simply depending on the Media to make it sound less awful and undemocratic than it will be.

They should be at all airports and everyone should be tested before leaving the building. When I was working at Applied Biosystems we started to build a special system for the Air Force. Grant was shit though so we quit.

Each machine which is super cheap by the way can test nearly 384 people in one run. Have to leave some wells for controls. It takes a couple of hours. It's been over a decade since I worked on them but back then some companies sold tetrad machines. They held 4 plates of 384 wells each so could be way more by now for all I know.

Suddenly, it was Trump's economy again in a matter of days; Obama long forgotten.

just_dregalicious says

Each machine which is super cheap by the way can test nearly 384 people in one run. Have to leave some wells for controls. It takes a couple of hours.

They could test them before they get on the plane so by the time they land they have their results.

Somebody should ask Bernie again if he thinks it's rigged.

PREDICTION:

Bernie has over 550 delegates and between 36-40% (or more) of all pledged delegates by the close of Super Tuesday.

HeadSet says

now seriously pushing driver's licenses for illegals

Whats their argument in favor of it? Some junk about it being a human right? "will reduce crime rate" (because their driving gets made legal)?

NoCoupForYou says

Cash For Clunkers, still producing dividends a decade later!

Insurance executives are making a killing off obamacare. ANTM is up 500% since obamacare began. It's pure crony capitalism fleecing the taxpayer for the benefit of politically connected.

Good job obama!

Hircus says

They could test them before they get on the plane so by the time they land they have their results.

That's a really great idea. I wish I'd thought of that!