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PMack saysDont catch the proverbial falling knife. But eh your money I ploughed some money into integrated oil so im in no position to tell you dont do it. Oh and dont put more money in the stockmarket that you cant afford to loose in that casino.
I've been waiting to pull the trigger on oil.
Looking at OKE, XOM, DIG
Yup ppl pull the trigger NOW on your best bet. You will be rich beyond your wildest dreams. It’s not like China is a manufacturer nation and the US is a service/consumer nation. After weeks/months of the US being weaned off consumerism and told to refrain from the service industry... the U.S. won’t go back to spending like banshees, throwing money around like confetti and living the flaunty lifestyle and priming the pump.
It’s over ppl. It was a massive bubble and it met the most giant ‘cocking-fucking pin’ in history. You think you are hard enuff to call this. You’re not... because u asking for investment advice on this polarized, basement-dweller, triggered-troll forum. Stop with the stupid political 1-up man-ship. Grow up. This forum has become a fucking travesty. Congratulations! YOU made it that way. I hope your pension/401K goes to zero. Your bickering, blue/red focus on stupid shit and not watching the big picture is what is wrong with this country. Not Trump... not Obama...
I dont feel ready to backup the truck yet summer is coming many will cash out, sell in May and go away.
People dont get it, absent an announcement of a vaccine in the next couple weeks, this thing is going to persist for months if not a year and cause a depression.
Dholliday126 saysPeople dont get it, absent an announcement of a vaccine in the next couple weeks, this thing is going to persist for months if not a year and cause a depression.
I legitimately worry about a depression. At some point though we can't keep hiding. People will die and we'll just have to deal like we have in the distant past. Lock down the old and we can move on. Some young will die too in that process. Can't fear death. You can fucking get hit by a car tomorrow or have a gas leak and you get blown to bits. Life is an ongoing risk constantly.
People dont get it, absent an announcement of a vaccine in the next couple weeks, this thing is going to persist for months if not a year and cause a depression.
But we should absolutely bring back Ellis Island style quarantines for all international arrivals.
I bought the dip and today was a good day - will take a long time to recover to get close to the prior portfolio values but at least a cure / remedy is in sight now, maybe then the panic will subside and people will be allowed to go about their lives again.
mell saysI bought the dip and today was a good day - will take a long time to recover to get close to the prior portfolio values but at least a cure / remedy is in sight now, maybe then the panic will subside and people will be allowed to go about their lives again.
I'm not Mr. Doomsday, but I still have some serious worries about how this recovers.
I've mentioned in other threads, states and municipalities that have sales taxes are getting destroyed right now. There are recessions, but we've never seen entire industries completely shut down like this and for this long of a period. Restaurants, amusements, sporting events, etc. That revenue is lost. Gone. I don't even think it was this bad in the great depression. My history is bad, but I'm guessing there was no sales tax then either, and even without that, restaurants and most businesses that could, stayed open.
Most cities/...
Things need to open back up April 1st with virus numbers going down.
Boeing now under $100
zzyzzx saysBoeing now under $100
Still a 100$ to go, that company shareholders are going bust, their brand is kaput I'm mot flying a Boeing airplane anytime soon, not that I fly often for that matter...
Anyone tempted to buy SLV (or for that matter, silver bullion)? The gold/silver ratio is way out of whack. As always, a gold/silver ratio correction doesn't necessarily mean silver will rise...Bought today (not SLV, but other gambling) when silver below $12/ozt. Who knows what the future brings, but given the low price and the extreme ratio compared to gold, the timing looks right to me.
All CA retail is shut. But amazon stock, everyone will shop there.
Why? The Max was a failure but the other planes are rock solid.
All CA retail is shut. But amazon stock, everyone will shop there.
TEOTWAWKI saysAll CA retail is shut. But amazon stock, everyone will shop there.
Grocery's are open, no?
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Was thinking buy into the travel fear....