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Not me, I would go mad
Escaped bio-weapon ? Launching nuclear bombs on 5 cities? Are you serious ? Do you actually believe the nutters that post this nonsense ?
Ah - the Fed cut chance - that what today's dead cat is all about... Doh ! Yes how do you get rid of a virus that has infected every animal with hair in a 20 30 40 mile radius ? On Saturday one of the first blog entries I read was from someone I first thought a complete loonie. He (Chinese name) suggested the government would nuke 5 cities to stop the spread of the infection. I thought he was mad as a hatter as I said - but I've pondered this for 4 days now - and he's got a point - after all corporal Hicks and flight officer Ripley also thought it was the only choice.
They won't be having mine - no way.
Interesting that Fed cut bets climb on virus concerns- don't think this is going to be over quickly.
Hi Treacle, as long as they don't make us surrender our dogs because they are possible vectors for the infection. Two teenagers and no dog would be a disasterous result.
Thanks for the heads up H - you can see there's something not quite right happening and there's a calm panic for want of a better description - think the markets will be very schizophrenic for a while.
Yes trouble is getting any accurate information out of any government. And yes I did the research because I just wasn't sure why the Nas plunged on Friday - and it usually means they know something I don't - but this time I figured I knew where to go and look. I didn't expect to find what I did. So don't worry - sniff glue while you can - tomorrow we... well you know the rest.
Thought H's post was a bit 28 weeks ... but a very quick google and ...
https://www.nature.com/news/inside-the-chinese-lab-poised-to-study-world-s-most-dangerous-pathogens-1.21487
Looks like I picked a bad week to stop sniffing glue ( Airplane! quote ) or think about trying trading!!!
Bloody hell, you are scaring me. Perhaps we ought to be. Trouble is, getting accurate, confirmed information out of China.
That's why shorting the indexes is the only way Treacle. This is what my research turned up amongst so many other things. Did you see the story the papers carried - that Wuhan has the only BSL4 lab in China - that the US inspectors were suspiscious of bioweapon research at the institute ? Why was it they were all over the first 50 cases like that ? 13 of the first 50 had nothing to do with the "scape goat" food hall - no one has been able to find out much about them - quiet "secret" people. Brazilian health expert overheard saying "its like you took the 4 or 5 worse bits of other viruses and joined them all together" - no **** ! Then the kill ratio. 106 dead now officially - unofficially lots more - 51 returned home "cured" - of symptoms perhaps but not confirmed to be virus free. Nonetheless - as this is a slow killer - that leaves a fatality rate on "finished" patients of 67%. Social media showing pictures of the roads out of Wuhan being bricked up - and the tunnels filled with stones, concrete and sand. US and China asking for voluntary travel ban - how long before the shutters come down ? And then, the thing I dreaded most - now seen on TV - younger people with good immune systems collapsing and dying in the streets without warning - that is what happened with Spanish flu in 1919 - the immune system killing the victim in an overreaction. This is an escaped bioweapon - the Chinese know it - and they have probably told everyone else. Its designed to kill people. All sorts of animals can act as vectors. Nurses are shaving off their hair because they think the virus can get onto your hair and not be washed off. And then of course the safety glasses. The eyes are a door in for the virus. This is an ugly monster of a disease - inflicted on man by man - and its mutating to adapt to it's host pdq. All I can say is "the idiots !". Why the hell did they let this happen ?
Just missed their target for the quarter, cutting 1,500 jobs. Dow futures 0.33% up at the moment. Just announced that Starbucks are closing stores in China because of the virus, and mentioned a few other companies as well.
For me, I have to question whether today is just a dead cat bounce before the market starts selling off again - remember Rule 8 - taking a long term view missing a day/week won't hurt if trading isn't the right thing to do at that minute.
Commentator on Bloomberg now saying that he was talking to some traders in Hong Kong last night was amazing - says that researchers think 100,000 people have been infected, and are suggesting by 4/2 there will be something like 190,000 people that will be infected.
Contributor says you have to cross your fingers and hope this doesn't become a pandemic because effectively if it does there's going to be a huge sell off and it won't make any difference what you're in if your a trader. Obviously the markets will recover, but it's as I was saying earlier, you have to pick your moments to be buying/selling or you'll be stuck for a while not being able to do anything.