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Sure this is painful for anyone in the stock market but just think of the pent up demand

Posted on 3/16/20 at 8:33 am
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/16/20 at 8:33 am
Once this virus thing has peaked and it is clearly under control, which WILL happen unless you believe humankind is doomed and we're going back to the dark ages, the pent up demand for goods and services is going to be something to behold.

It will be the largest rush to buy something since the end of World War II.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/16/20 at 8:34 am to
I’m already planning my entrance strategy into the widget game
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30559 posts
Posted on 3/16/20 at 8:37 am to
A lot of people are gonna have issues with money. Businesses are definitely going to have money issues. As usual, you post something without much clear thought to try and sound positive about the market as it continues to sink further. I bet you’ll be fully invested well before the bottom and be unable to take full advantage of the buying opportunity
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 3/16/20 at 8:38 am to
we tried to warn em my guy.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 3/16/20 at 8:39 am to
Russian, I do not understand why they do not close the markets down for a while? There have to be more than 50 people on the floor of the New York Stock Exchange right?

Also, bank stocks were getting crushed today, good time to buy or give it a few more weeks before the bottom?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/16/20 at 8:46 am to
quote:

Russian, I do not understand why they do not close the markets down for a while?
The NYSE is closed right NOW.

The first circuit breaker has been implemented.

As the former head of the NYSE said, "It's easy to close the stock market. Knowing when to reopen the market is the hard part." That was Dick Grasso who was head of the NYSE during 9/11 when the market closed for a week.

In spite of the "I told you so" losers who've posted in this thread, this, too, shall pass. And I will be better off than them when it does.
Posted by Grits N Shrimp
Kansas City, MO
Member since Dec 2014
646 posts
Posted on 3/16/20 at 9:05 am to
Every major bank halts buybacks. Not surprising. Are dividends next?
Posted by Jjdoc
Cali
Member since Mar 2016
53455 posts
Posted on 3/16/20 at 9:07 am to
quote:

LSURussian


Money to be made daily during this time too. MSFT was great for me this morning.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/16/20 at 9:15 am to
quote:

Are dividends next?
It's always possible.

But Mnuchin was on CNBC an hour ago and said the large banks are flush with liquidity unlike the 2008/2009 Great Recession.

The economic shut down would have to last more than one calendar quarter before they cut or suspend their dividends, imo.
Posted by SalE
At the beach
Member since Jan 2020
2411 posts
Posted on 3/16/20 at 9:19 am to
DG at 125.12 right when the market re-opened...already sold on the bounce.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30559 posts
Posted on 3/16/20 at 9:28 am to
Being bearish isn’t popular
Posted by Jjdoc
Cali
Member since Mar 2016
53455 posts
Posted on 3/16/20 at 9:29 am to
There is a difference in being bearish and what you are doing here.

Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/16/20 at 9:39 am to
quote:

Being bearish isn’t popular
Neither is being an a-hole....
Posted by go ta hell ole miss
Member since Jan 2007
13624 posts
Posted on 3/16/20 at 9:50 am to
quote:

But Mnuchin was on CNBC an hour ago and said the large banks are flush with liquidity unlike the 2008/2009 Great Recession.


I thought he said they are still solvent right now and there is a lot of question about all the travel and hospitality industry. Companies without cash are going to be a conundrum for the government and this market.
Posted by arkiebrian
NWA
Member since Nov 2006
4167 posts
Posted on 3/16/20 at 9:53 am to
Can't believe how cheaply I'm adding BA & ET.

Added to my GILD calls this morning.
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 3/16/20 at 10:15 am to
quote:

Sure this is painful for anyone in the stock market but just think of the pent up demand



No pain here brother, I have sold zero of my long term holdings and have actually swing traded a bit which is something I dont normally do as I am not that clever.

It has been fun and I have made a few bucks, when ever I feel the time is right I will take those bucks and buy something else to hold a while.

Either the world ends or I come out ahead and I have survived a few ends of the world already.
Posted by Jjdoc
Cali
Member since Mar 2016
53455 posts
Posted on 3/16/20 at 11:26 am to
I have taken HAL and MSFT for several rides after the market tanks. I use those funds plus my normal weekly investment dollars to buy more of my divi stocks/funds that are lower priced.


Posted by Spirit of Dunson
Member since Mar 2007
23111 posts
Posted on 3/17/20 at 12:15 am to
Sorry for the bump... but i heard a few news conferences yesterday that made me think of LSURussian...
quote:

Once this virus thing has peaked and it is clearly under control, which WILL happen... the pent up demand for goods and services is going to be something to behold.

From Trump:
quote:

I think there's a tremendous pent-up demand, both in terms of the stock market and in terms of the economy. Once this goes away, once this goes through and we're done with it, I think you're gonna see a tremendous, tremendous surge.

and Mnuchin:
quote:

There will be a huge amount of pent-up demand when this is done. And it will be done


Maybe I'll start paying attention to LSURussian a bit more!
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/17/20 at 12:20 am to
LSURussian is Q
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