This BB has become a sad state of affairs. I will leave the hopers to hope. See you in 6 months. Me, I will sit on the sidelines with my cash waiting for the bottom, wave 5 hasn't been yet, and we definitely aren't out of the denial phase. Good luck holders. See you in the Autumn when, fingers crossed the virus is under control, ftse has 4500 or less and WRES has made lots of money. I am confident on 2 of them. Soon be Easter. Keep smiling.
Troajan. That has to be one of the funniest things I have read in a very long time. Firstly, I need no help with definitions. Thank you though. Secondly I asked for it to be quoted, it has not. Why? Thirdly, Soulsister used the plural and not the singular. Would you like me to google those for you? Finally stop conflating what is happening with the world, which is terrible, and some alleged gloating. I still dont see any gloating before the goading. After that, I am not really interested. If you throw a punch, expect one back. Again, who posted the thread title? Who did the goading? I dont expect you to answer as it does not fit your narrative or others that passed comment. I for one am sorry that people have lots vast sums of money here and elsewhere. People have lost their shirts, pensions, jobs and potentially their housing (repos may well rise) across the globe. Even Oz will struggle to escape this one...ticking time bomb there. Let's see how the next 6 months roll out, and hope the economic fallout is not as bad as some say it will be. I see dark clouds and I think the bounce last week is a worry. I am very bearish and still see 4500 being broken. I hope I am wrong, but what has changed to cause the bounce other than loads of helicopter money?
AA. BlackRock dont give a f$ck who pays just as long as they get paid. It is a name change as far as they are concerned. They probably make a little more actually by charging for document changes etc. Companies are going to the wall, and companies are now holding back payments to keep numbers on their own balance sheets. Little man always loses out whether that be the plumber, hair dresser, florists or PI. This is a 1 in 100 year event.
Red day across the board tomorrow then, unless the market has priced it in and it may well have done but I doubt it. Cash holders are going to make a fortune...just not yet. 4500 anyone? Oil into single digits, below $10 is doable. Zero?
Troajan. What was the title of the post made by Soulsister? Was there reply by the person it was aimed at? Had that person gloated? Had any other at that point. The answer is no. A simple no. The issues are with that person, read some literature about ego, Freud is a good starting point. That was a ego thread post. They made an open thread with an evocative title. It evoked a response. If you think you wont like the answer then you dont have to ask the question. Grow up. If that thread title had not been made there would have been no references to gloating at all. I am still not aware of any gloating. I dont expect you to see this, I really dont. Funny how some of the smoke blowers see the title as a friendly comment that doesnt warrant a response. Get a grip. Throw grenade and you get fall out. Who threw the grenade? Pathetic.
No Safety. No gloating. Definitely not. I think my previous entries would support that. I am merely pointing out someone else's 'twxtish' and inappropriate comment. If people poke bears they get bit. It didnt need to be said, hence I said the issue is clearly more about them and their ego. No one did gloat AT ALL. There was no need for the gloating headline was there? And the headline was from an MM fan.
One thing I have found amusing is how some leading religious figures, or at least vocal ones, are criticising the policy of Bojo and the lead scientists. Funny old world.
Clearly he hasn't been here gloating. He (DB) could, a few could (me included). Actually those that could gloat have been filtered by most. Perhaps the issues are more with those that make comments like yours Soulsister...it says more about them than they perhaps realise.
Well....just well. Sadly, I dont see this as bottom (market as a whole). At this rate big fish will be trading in pennies. Unbelievable. For WRES, another cash call wouldnt surprise me at all. 1929 will seem like the days of plenty when this settles. This was always coming, COViD was the trigger. 2008 was always a problem, like a shadow on a lung. All that QE etc had to unravel. Bollo%. I feel sorry for those that still hold right now. I feel sorry for the pain this will cause millions of people. Wow. Wow. Ohhhh boy. Dark days.
Well, the Feds input seems to have done fxck all. Already some of the business chaps I mix with at the rugby are losing contracts and scaling back. Fxuc. Here it comes.....and it is going to be really messy. WRES, I think there could be some serious issues now. If the Fed cant stop the rot then who can? This is just going to have to unwind, why on earth didnt they let 2008 unravel at the time? The economy has been pumped by cheap money (financial steroids) for the last decade and now it is coming home to roost. A total nightmare. Yes, I am now a total and utter Bear. 4500 looking like the next stop.
Hbob. BMJ and BMA are the metro elite personified. Surprised you sit with them. They sold their souls to Tony the LIAR in 2002/03.
GIT. So what about the carers that come and go? Maintenance staff? Gas engineers and cleaners? Medical staff? Doctors and nurses have been infected, infection transmission is way ahead of developing symptoms. Food deliveries. Person handling the food before it is put on the lorry? Post man(woman). Fire alarm testing services? Prescription delivery driver and those handling the scripts in the warehouse? Pharmacist handling the script? Those that need hospitalisation (as the elderly do) will need to be returned to the hospital with all associated paraphinalia. Or do they stay in hospital and bed block? The chain is so massive, and the virus pretty hardy, that you are talking about stopping a flood with a thimble. It is too late. It is out there, no one is getting this genie back in the bottle.
Dreamy....I think that is exactly the road we are heading down/already on. This has already gone off. Way more are infected than we know about,and I believe this has been the case for a while. I think that is why wider testing has stopped, it is an expensive exercise that has no benefit now. The only upside could be like that of Korea where wider testing produces more statistically valid data on mortality rates against real infection rates.
Safety, interesting you mention 20%. I was shot down for brandishing the figure of 17% many weeks ago and told to account for my 'secret sources'. I recall the heady days of being told it is just flu, oh how we laughed. Admittedly that figure was against a population without proper heath care and high smoking levels and no wider testing (initially). Italy is still hovering around 6-8% and they have an awesome health care system. Lets hope the S.Koreans can add some positivity to this with more reliable data sets (we aren't ever getting the truth from China). Again herd immunity is going to come into question with regard to S.Korea. It is an absolute mess and no one has the answer. Some will be right and some will be wrong. Well, I hope some are right because if everyone is wrong then we are in the poop. Hindsight will be King once more.
Kalan. Political point scoring is rather sad at these times. But grandpa started that trend last week. I agree with your last post, from memory I think I agreed with your earlier ones. Hbob must have discovered a badgers sett on his plot this morning ;-)
For me, this is a nice distraction from paperwork and reports...yes them Tory b'stards have me working at the weekend for free and all to assist people far less fortunate than me. Darn it, i even voted for it. Crazy days. Some cheap holidays out there though, a bit of winter sun. I see the Isle of Wight is being cleared for 'Project Corovirus' - just adding that to the conspiracy theories to see how it runs.