Dow?
- Thread starter irvinehomeowner
- Start date
NEW -> Contingent Buyer Assistance Program
I agree with the opening for getting back. Getting back will be slow I highly suspect that, people just don?t rush out now that you hear President Trump say it?s ok to go about your business. It will be trickle. Then you have CDC announce 100, 200,300, new deaths since the opening. We are FUCKED.
I hope, there is plenty more of money in accounts to invest,,,, [eh, give away], with these risks. I think the volatility is extreme currently. Tomorrow is a different story, we shall see.
aquabliss
Well-known member
Usually the markets move opposite to what the majority is thinking. This one is tough, seems like about 50/50 split as to people that think we will be back to where we were by end of year, vs. those who think we will slowly recover or head lower.
I've tried to trade this market but it's NOT easy, I'm impressed with those able to make $ with daily trading. For example yesterday I was going to buy some SPY puts at market close since it got a bounce at the end and was sure Pelosi would hold her ground on "no deal" and markets would sink again this morning. If I would have bought SPY OTM puts for Friday expiry, I would probably have nearly lost it all by now.
After many years of doing this, I truly think my odds are just as good if I go to Vegas and put it on odd/even on a single zero roulette table. Guess I can't do that right now either though
I've tried to trade this market but it's NOT easy, I'm impressed with those able to make $ with daily trading. For example yesterday I was going to buy some SPY puts at market close since it got a bounce at the end and was sure Pelosi would hold her ground on "no deal" and markets would sink again this morning. If I would have bought SPY OTM puts for Friday expiry, I would probably have nearly lost it all by now.
After many years of doing this, I truly think my odds are just as good if I go to Vegas and put it on odd/even on a single zero roulette table. Guess I can't do that right now either though
irvinebullhousing
Well-known member
Yeah, when Vegas goes dark, it?s feel like only when the end of the world would produce that.
Yeah my capitalone bank is still at 1.5%. Better than 0. Would that reset at the new month since fed is effectively at zero?
Yeah my capitalone bank is still at 1.5%. Better than 0. Would that reset at the new month since fed is effectively at zero?
aquabliss
Well-known member
Anyone else listening to Trump speak right now? I think he's gonna open this thing up in a weeks time and let the chips fall where they may.
We'll never know (in retrospect) which decision is (or would have been) the better one. I still hope for a mandatory 60yr+ stay at home order and let this thing burn it's way through the rest of the population that have a .0X% mortality rate.
We'll never know (in retrospect) which decision is (or would have been) the better one. I still hope for a mandatory 60yr+ stay at home order and let this thing burn it's way through the rest of the population that have a .0X% mortality rate.
irvinebullhousing
Well-known member
qwerty said:
I agree with the opening for getting back. Getting back will be slow I highly suspect that, people just don?t rush out now that you hear President Trump say it?s ok to go about your business. It will be trickle. Then you have CDC announce 100, 200,300, new deaths since the opening. We are FUCKED.
morekaos
Well-known member
Mark my words. If the death rate does not skyrocket to over 10-15000 by Sunday (currently 622), there will be a serious push to re-open and simply accept the risks. Hold on to your butts.
https://youtu.be/HKK4KmDlj8U[url=https://youtu.be/HKK4KmDlj8U]
https://youtu.be/HKK4KmDlj8U[/url]
https://youtu.be/HKK4KmDlj8U[url=https://youtu.be/HKK4KmDlj8U]
https://youtu.be/HKK4KmDlj8U[/url]
zubs
Well-known member
So back when the FED lowered interest rates to 0.0 about 10 years ago, bank savings were all around 0.30% or something shitty like that. Now they are at 0.0% again, but interest on savings are still at 1.50 - 1.70 percent.
Why?
Most likely it will drop to 0.30% next month?
Why?
Most likely it will drop to 0.30% next month?
irvinebullhousing
Well-known member
Panda said:
I hope, there is plenty more of money in accounts to invest,,,, [eh, give away], with these risks. I think the volatility is extreme currently. Tomorrow is a different story, we shall see.