Preparing for Corona Virus

Discussion in 'Coronavirus (COVID-19) News' started by Jacob E Mack, Feb 25, 2020.

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  1. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    Good point. There is a fine line between fear and panic. Uncertainty causes the markets to react, usually negatively. A single wrong word spoken or any perceived negative news is enough to make some investors panic and sell. At a certain point computer algorithms take over and the markets can and do drop very fast. The markets got more news that didn't sit well with yesterday's debates. You may think that politics is not a factor. Normally markets are not moved much by politics except when a potential nominee speaks of raising taxes, nationalizing businesses, redistributing wealth and controlling financial interests.

    With all of the uncertainty and with markets at near all time highs, the markets seemed to be waiting for an event to trigger a pull back. We are now at near correction levels. Today, there was what I call a sucker rally. It looked good for a couple hours, some negative news got digested and the markets again dropped. Will markets continue to drop? I think they probably will some and volatility may increase until more is know about the current health scare and at least until the results of super Tuesday are known.

    There may be some buying opportunities but not enough for most. I would neither be a seller or a buyer for now. If markets drop another 5-7%, I might look to either add to or buy certain stocks that don't have much exposure to China, supply chains, etc.
     
    Last edited: Feb 26, 2020
  2. Ericb760

    Ericb760 Well-Known Member Past Donor

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    Gunpowder, fireworks, and paper.

    Try enjoying your 4th of July BBQ without those.
     
  3. fiddlerdave

    fiddlerdave Well-Known Member Past Donor

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    Lol! Can someone say "unclear on the concept"?

    Oh, yeah, docs sure will be doing home visits in the pandemic!

    Look at some of the mobs in china trying to get in the hospital!

    Now, see that scene in the USA with half the hospitals, almost zero medications, and 4 guns per person desperately trying to get care for wives, children, or themselves!

    Given China has not very many guns in personal hands, it will be very dicey here in the USA!
     
  4. Ericb760

    Ericb760 Well-Known Member Past Donor

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    Hey Chicken Little, the market doesn't give a sh!t about what some candidate promises.

    Quit making sh!t up.

    And, for the record, not one "potential nominee" is lobbying for "nationalizing businesses", or doing anything close to what your fear mongering post suggests.

    So, again. Quit making sh!t up.

    It's embarrassing for you.
     
  5. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    Bernie bro, when you don't know what you are talking about, best you don't let your emotions get the best of you.
     
  6. ButterBalls

    ButterBalls Well-Known Member

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    No fear of that! Our forth and county fair fireworks are already in an old cement containment bunker the mines used to store their blasting supplies in.. And I can assure you the three fireworks stores and the four semi trailers are ALWAYS full of fireworks year round..

    Gotta love Wyoming and their fascination with things that go POP and Boom ;)
     
    Last edited: Feb 26, 2020
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  7. ButterBalls

    ButterBalls Well-Known Member

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    How could possible accuse a Conservative of fear mongering after as little as 6 hours on this site LMFAO :)
     
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  8. Montegriffo

    Montegriffo Well-Known Member

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    Whatever you do, don't miss an opportunity to make xenophobic comments about China or blame globalism for the world's problems.
     
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  9. Idahojunebug77

    Idahojunebug77 Well-Known Member

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    No! If you think you may be infected with coronavirus lock yourself in your bedroom for a few weeks. Time will tell. Going to a doctor or hospital will only expose more people to the illness if you indeed test positive. That is how this stops!
     
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  10. crank

    crank Well-Known Member

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    Until you're stuck at home under quarantine for a few weeks and run out of food. Because that's definitely going to happen before this thing is sorted, all over the world. No nation will escape that part.
     
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  11. crank

    crank Well-Known Member

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    Very smart. If you haven't done it by now you're taking a risk.
     
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  12. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Diseases don't come just from inside America. The best way to stop a disease from spreading is to catch and contain it early, while the area it affects is small. Conservative mythology notwithstanding we cannot just cut ourselves totally off from the outside world at will.
     
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  13. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Trump is Making Up LIES.

    Downplaying this Public Health Emergency.

    Totally Clueless and has no idea what he is talking about.:bored:
     
  14. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Yeh, how're you gonna set your house on fire or blow off your kid's fingers without that?
     
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  15. Ericb760

    Ericb760 Well-Known Member Past Donor

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    Well, he did ask...
     
  16. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    ****er's going to kill us all.

    But our 401Ks will be through the roof
     
  17. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    And the disease will soon change from a mild respiratory infection to the Zombie Apocalypse
     
  18. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Stock market Down over 2,000 Points this week.

    Trump? What a MORON.

    Trump won't do anything to stop this Pandemic.:smh:
     
  19. doombug

    doombug Well-Known Member

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    How is that war with Iran going?
     
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  20. ButterBalls

    ButterBalls Well-Known Member

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    Golly! You don't have a friend in the world to leave a cup O noodle on your doorstep, dude, sux to be you!
     
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  21. Ericb760

    Ericb760 Well-Known Member Past Donor

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    It's about to kick off the more the stock market tanks.

    Nothing like wagging the dog to a Republican.

    That's how they do things now.
     
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  22. 557

    557 Well-Known Member

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    But prepared individuals/families will escape that part. :)
     
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  23. 557

    557 Well-Known Member

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    Those were false claims. Trump made proposals to cut in his budget but congress funded CDC.
    https://apnews.com/d36d6c4de29f4d04beda3db00cb46104

    You’ve got to be careful believing everything you hear at a Democrat debate. :)
     
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  24. Bush Lawyer

    Bush Lawyer Well-Known Member

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  25. bigfella

    bigfella Well-Known Member

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    Gee, that sounds a lot like 'see a doctor' to me. There is more than one way to do that.
     
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