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I think a serious correction is coming

Posted on 7/20/20 at 8:42 am
Posted by Tonio
Member since Dec 2019
1023 posts
Posted on 7/20/20 at 8:42 am
States are going to tighten up on these BS Covid Restrictions and the media is already calling the election (true or not) for sleepy creepy Joe. I’m shorting Uber, the Dow and oil.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 7/20/20 at 8:42 am to
Let us know how it works out
Posted by Tonio
Member since Dec 2019
1023 posts
Posted on 7/20/20 at 8:50 am to
Me trying to guess on Uber is just gambling, but oil and the Dow are going down hard.
This post was edited on 7/20/20 at 8:51 am
Posted by GeauxGutsy
Member since Jul 2017
4716 posts
Posted on 7/20/20 at 9:12 am to
COVID is cured by FEB 2021. JB will not be POTUS.
Posted by HYDRebs
Houston
Member since Sep 2014
1241 posts
Posted on 7/20/20 at 9:15 am to
Curious on your reasoning behind thinking that states tighting up would be bad for Uber and Uber eats wouldn’t be rolling in it? Betting against oil which would lower the expenses for Ubers workers seems to be a weird play as well.
Posted by notiger1997
Metairie
Member since May 2009
58131 posts
Posted on 7/20/20 at 9:16 am to
Been hearing this for the past three months. Can you tell me what day it will be begin?
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
59521 posts
Posted on 7/20/20 at 9:18 am to
Sometimes I just throw darts to determine my mood for the day.
Posted by BuzzSaw 12
The Dark Side Of The Moon
Member since Dec 2010
5237 posts
Posted on 7/20/20 at 9:27 am to
quote:

the media is already calling the election (true or not) for sleepy creepy Joe


Don't let the corrupt media influence you and especially your money. That's a good way to lose a lot of cash. Every election for at least half a century the media has been in the bag for the democrat candidate right up until the end. If 2016 didn't teach you anything go back to 1980 and 1984 when Reagan was elected in massive landslides despite the media. Stick to the charts and fundamentals and above all don't fight the FED!
Posted by Tonio
Member since Dec 2019
1023 posts
Posted on 7/20/20 at 9:30 am to
That’s why I said “true or not“. I realize what happened in 2016 but people do listen to CNN and their propaganda and at some point it’s going to affect the market sentiment
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11102 posts
Posted on 7/20/20 at 9:34 am to
quote:

Been hearing this for the past three months. Can you tell me what day it will be begin?



The day Blackrock and Vanguard have net outflows. Could take 10 years though.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72653 posts
Posted on 7/20/20 at 9:37 am to
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26579 posts
Posted on 7/20/20 at 9:40 am to
"Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves." -Peter Lynch

This is a quote I've come to understand and taken to heart over the last two years. And my returns are much better for it.
Posted by castorinho
13623 posts
Member since Nov 2010
82031 posts
Posted on 7/20/20 at 9:46 am to
quote:

"Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves." -Peter Lynch
That's a fantastic quote
Posted by cgrand
HAMMOND
Member since Oct 2009
38793 posts
Posted on 7/20/20 at 9:48 am to
quote:

COVID is cured by FEB 2021

just like influenza, pneumonia and the common cold?
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 7/20/20 at 9:50 am to
let me know how badly you get rekt dude. do not even bet against jpow $$
This post was edited on 7/20/20 at 10:00 am
Posted by jangalang
Member since Dec 2014
36528 posts
Posted on 7/20/20 at 9:51 am to
add Tonio to the list of “correction is coming“ doom and gloom.

See y’all at the soup line.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 7/20/20 at 9:57 am to
quote:

COVID is cured by FEB 2021


just like influenza, pneumonia and the common cold?

Not cured but there is a vaccine for influenza and certain pneumonias, plus pneumonia is curable. Pneumonia is fluid in the lungs not a disease itself.

And I'm sure there will be one or more effective vaccines for COVID-19 before this year is over.

The common cold doesn't cause death in most people so a cure is impractical to develop on a cost/benefit basis. Plus the common cold IS a corona virus and it mutates very easily thus making vaccine's impractical.
Posted by Tonio
Member since Dec 2019
1023 posts
Posted on 7/20/20 at 10:00 am to
I think a vaccine is coming but not before November. If Dems win this time it’s like socialists won. This time it is different.
Posted by MrJimBeam
Member since Apr 2009
12305 posts
Posted on 7/20/20 at 10:01 am to
Exactly, I think it'll be something we probably deal with for a long time. Hopefully a vaccine comes and we start to learn how to manage it better down the road so we don't continue to live in fear or a bubble.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 7/20/20 at 10:01 am to
quote:

If Dems win this time it’s like socialists won. This time it is different.

Your emotions are getting to you.
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