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re: Coronavirus Disease 2019 (COVID-19) ***W.H.O. DECLARES A GLOBAL PANDEMIC***

Posted on 3/23/20 at 1:58 pm to
Posted by STLhog
Dallas, TX
Member since Jan 2015
19470 posts
Posted on 3/23/20 at 1:58 pm to
quote:

I'm waiting to pull the trigger. I have some cash on hand that I want to throw in but I still don't think we have seen the bottom of this thing.




When job's numbers start to come out and if Congress is still bickering over the stimulus package, bet you'll see another big dip.
This post was edited on 3/23/20 at 2:04 pm
Posted by dukke v
PLUTO
Member since Jul 2006
216476 posts
Posted on 3/23/20 at 2:00 pm to
You think all this is a joke..... Sad indeed.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 3/23/20 at 2:09 pm to
quote:

I'm waiting to pull the trigger. I have some cash on hand that I want to throw in but I still don't think we have seen the bottom of this thing.



Likely haven't, but we're far from the top. I just went ahead and got on board so I didn't miss the entire boat.

Posted by Unknown_Poster
Member since Jun 2013
5758 posts
Posted on 3/23/20 at 2:11 pm to
I'm waiting until Scruffy commits seppuku out of despair over his 401k. Then I'll start buying.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 3/23/20 at 2:15 pm to
HARAKIRI!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted by Niner
Member since Apr 2019
2033 posts
Posted on 3/23/20 at 2:23 pm to
quote:

I'm waiting to pull the trigger. I have some cash on hand that I want to throw in but I still don't think we have seen the bottom of this thing.

It's largely psychological, but you could implement a "dollar cost averaging" strategy. For example, buy 1/4 of your available cash now, 1/4 in 1 week, 1/4 in 2 weeks, and 1/4 in 3 weeks. Guaranteed not to buy all in on the worst day (but also not on the best day).
Posted by heatom2
At the plant, baw.
Member since Nov 2010
13093 posts
Posted on 3/23/20 at 2:23 pm to
quote:

I'm waiting until Scruffy commits seppuku out of despair over his 401k. Then I'll start buying.


He'll have to bleed out unfortunately. His second would need a six foot sword to cut off his head.
Posted by STLhog
Dallas, TX
Member since Jan 2015
19470 posts
Posted on 3/23/20 at 2:32 pm to
quote:

It's largely psychological, but you could implement a "dollar cost averaging" strategy. For example, buy 1/4 of your available cash now, 1/4 in 1 week, 1/4 in 2 weeks, and 1/4 in 3 weeks. Guaranteed not to buy all in on the worst day (but also not on the best day).



You taking new clients?
Posted by STLhog
Dallas, TX
Member since Jan 2015
19470 posts
Posted on 3/23/20 at 2:34 pm to
Feel like he's more along the lines of The Twilight Samarai without all the endearing qualities.

Posted by BowDownToLSU
Livingston louisiana
Member since Feb 2010
21663 posts
Posted on 3/23/20 at 2:44 pm to
My son and daughter-in-law or getting swabbed today. I’m freaking out man I’d rather have it then them. They been having flu like symptoms for the past few days
Posted by Fishwater
Carcosa
Member since Aug 2010
6058 posts
Posted on 3/23/20 at 2:45 pm to
quote:

Hopefully that trend continues in Italy because that's pretty good news.

Italy shut down on 3/9.. 14 days ago. With the way Covid works you won't really see impacts for two weeks. Looks like they peaked right at 12-13 days. This is pretty good news for the 15 day plan.



I'm sure this has been discussed and please direct me if so, but what is the plan if we come out of social distancing and it starts all over again? Should the 15 day SD'ing kill the spread enough?
Posted by STLhog
Dallas, TX
Member since Jan 2015
19470 posts
Posted on 3/23/20 at 3:01 pm to
How old are they?

They will likely be fine. Just quarantine and monitor their symptoms.
Posted by bigberg2000
houston, from chalmette
Member since Sep 2005
70746 posts
Posted on 3/23/20 at 3:04 pm to
I really want to get tested. Not sure I qualify for one though.
Posted by Niner
Member since Apr 2019
2033 posts
Posted on 3/23/20 at 3:06 pm to
quote:

You taking new clients?

Yes - but we do have minimums in terms of manageable assets.

If you're serious (can't tell with most people here), you can email my junk email address inutilis@yahoo.com. Not a huge fan of this board knowing my identity, as you may understand.
Posted by dallastigers
Member since Dec 2003
10618 posts
Posted on 3/23/20 at 3:09 pm to
Edit: They removed the 63 deaths several hours later

This may have been brought up but from 10:44AM to 1:55PM Middlesex, NJ confirmed 63 new cases and added 63 deaths (from zero earlier in morning).

63 can't be a coincidence, and it has to be testing samples from deceased people from past days that they couldn't test.

How many others are now going back and testing samples from those who have already passed away?

Edit: They removed the 63 deaths several hours later
This post was edited on 3/23/20 at 9:49 pm
Posted by STLhog
Dallas, TX
Member since Jan 2015
19470 posts
Posted on 3/23/20 at 3:12 pm to
quote:

Yes - but we do have minimums in terms of manageable assets.

If you're serious (can't tell with most people here), you can email my junk email address inutilis@yahoo.com. Not a huge fan of this board knowing my identity, as you may understand.


I'm only 6 years out of school, likely don't have the assets you require. Especially after buying a house.

Was just kidding but appreciate your logical and non-reactive approach to the current state of financial markets.
Posted by STLhog
Dallas, TX
Member since Jan 2015
19470 posts
Posted on 3/23/20 at 3:14 pm to
Why would you if you don't have symptoms?
Posted by RB10
Member since Nov 2010
52225 posts
Posted on 3/23/20 at 3:16 pm to
quote:

Was just kidding but appreciate your logical and non-reactive approach to the current state of financial markets.


You mean like incessantly posting about a single day gain like it's normalized the market?
Posted by Scruffy
Kansas City
Member since Jul 2011
77270 posts
Posted on 3/23/20 at 3:18 pm to
quote:

I'm waiting until Scruffy commits seppuku out of despair over his 401k. Then I'll start buying.



Still young and not worried about my retirement.

I’m worried about the actual state of the economy and the effect it will have on our society as a whole.

Unlike you, I would rather our unemployment not skyrocket.

You do you though.
Posted by Scruffy
Kansas City
Member since Jul 2011
77270 posts
Posted on 3/23/20 at 3:19 pm to
quote:

You act like they haven't run the numbers before ordering these shut downs.
Not a chance in hell they ran the numbers.

No one would support a 30+% reduction of the economy and a possible 25% decrease in GDP for our response.

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