WELCOME TO RIVER DAVES PLACE

Virus Causes Stocks to Tumble

jet496

Well-Known Member
Joined
May 9, 2012
Messages
3,629
Reaction score
6,385
LMAO. It has zero effect 99.99% of the companies in the DOW or NASDAQ. I love it & hope it tumbles another 30%, in which I'll jump in with sideline money, because there's absolutely no long term ramifications from some people getting sick in a remote town in China.

People are so easily manipulated.
 

Flatsix66

Well-Known Member
Joined
Mar 20, 2017
Messages
1,887
Reaction score
4,426
LMAO. It has zero effect 99.99% of the companies in the DOW or NASDAQ. I love it & hope it tumbles another 30%, in which I'll jump in with sideline money, because there's absolutely no long term ramifications from some people getting sick in a remote town in China.

People are so easily manipulated.
They love to travel... Irvine, Vegas, tour buses to all our parks. Vegas and Airlines take a hit. Hopefully it goes the way of Ebola and SARS and falls off of the news cycle, then the markets will go back up.
 

cofooter

Well-Known Member
Joined
Apr 30, 2012
Messages
6,049
Reaction score
10,393
LMAO. It has zero effect 99.99% of the companies in the DOW or NASDAQ. I love it & hope it tumbles another 30%, in which I'll jump in with sideline money, because there's absolutely no long term ramifications from some people getting sick in a remote town in China.

People are so easily manipulated.
Think again, where do you think those NASDAQ and DOW companies get their products. Its Chinese New Year, all the factory worker are at home visiting family and with the travel restrictions, they can't get back. Most factories are extending their closure another week or two at this moment. I work in hi tech and we are expecting to be impacted substantially, there is a real connection to viruses and factory output and revenue/profits........
 

GRADS

Phishing license is paid up to date
Joined
Dec 19, 2007
Messages
19,579
Reaction score
24,163
Same thing happened with Ebola in February 2014.:rolleyes: Could be a good buying opportunity.

Screen Shot 2020-01-27 at 5.28.04 PM.png
 

TrollerDave

Well-Known Member
Joined
Mar 8, 2008
Messages
4,274
Reaction score
9,393

2Driver

Well-Known Member
Joined
Dec 21, 2007
Messages
17,618
Reaction score
33,434
According to CDC between 12,000 and 60,000 die each year from the flu.
I think 17-18 season was actually 80k but you never heard about it. Now the sky is falling?
 

wzuber

Well-Known Member
Joined
Jan 7, 2009
Messages
8,124
Reaction score
11,916
According to CDC between 12,000 and 60,000 die each year from the flu.
I think 17-18 season was actually 80k but you never heard about it. Now the sky is falling?
In Wuhan yes....the report i heard on One America News the other night is this is a huge problem in that city. The chicoms are drastically under reporting the severity of this problem. In other words their putting the world at risk in an attempt to save their image. Peeps are dropping like flies, their hospitals/med. Systems are highly over-whelmed and the gov't is covering it up. They currently do not have a known anti-body for this. This absolutetly has wide spread lethal potential. This shit is real.
 

relaxalot

Well-Known Member
Joined
Jan 21, 2008
Messages
1,497
Reaction score
955
I sold off all equities last week. Hopefully this virus doesn't follow the models or we are all in trouble. So far it looks bad. The market should be pretty rocked by the end of this week.
 

02HoWaRd26

DCBroke
Joined
Dec 19, 2007
Messages
12,216
Reaction score
29,081
Was in Vegas today, somehow ended up on the strip, then in the M&M’s store etc. was legit 88.8% orientals all around not to sound racist but yea i was legit a little, well a lot bugged. First time i ever wanted to stand closer to the mooslims
 

2Driver

Well-Known Member
Joined
Dec 21, 2007
Messages
17,618
Reaction score
33,434
A chinese student at ASU has it. The kids are petitioning to cancel classes. Yeah, SOS on the ability to put it in perspective.
 
  • Like
Reactions: TPC

GRADS

Phishing license is paid up to date
Joined
Dec 19, 2007
Messages
19,579
Reaction score
24,163
Was in Vegas today, somehow ended up on the strip, then in the M&M’s store etc. was legit 88.8% orientals all around not to sound racist but yea i was legit a little, well a lot bugged. First time i ever wanted to stand closer to the mooslims
Why were there a bunch of rugs in the M&M's store?o_O
 

78Southwind

Well-Known Member
Joined
Oct 1, 2007
Messages
3,899
Reaction score
3,173
I went to the City Clerks Department today to order my passport. As soon as I walked in the office there were four Chinese people in line in front of me, a Husband & Wife along with their Baby and the Baby's Grandmother. The Grandmother was full-on wearing one of those antiviral face masks. As soon as I saw her that 1% part of my brain said Fuuuuuck while the other 99% of my brain was trying to convince the other 1% everything was good.o_O
 

jet496

Well-Known Member
Joined
May 9, 2012
Messages
3,629
Reaction score
6,385
Think again, where do you think those NASDAQ and DOW companies get their products. Its Chinese New Year, all the factory worker are at home visiting family and with the travel restrictions, they can't get back. Most factories are extending their closure another week or two at this moment. I work in hi tech and we are expecting to be impacted substantially, there is a real connection to viruses and factory output and revenue/profits........
It's the flu for Gods' sake & there is absolutely no way it can directly impact the market. The media latched on to it & the geniuses on wall street have to. They'll make billions from the hysteria. That being said, buy, buy, buy is what I'll do if this continues.
 

relaxalot

Well-Known Member
Joined
Jan 21, 2008
Messages
1,497
Reaction score
955
It is the flu.. but very potentially becoming a pandemic. 56 million quarantined... borders shut.. 2.5 % mortality.. growing exponentially... No way it can impact the market? Why did the market go down today? Emotion impacts the market and confidence.. or lack of it.. uncertainty... travel.. retail... energy... airlines.. pharma... pretty impactful ... what will tomorrow bring? I think more downward market numbers.. with no end in sight until there is some calm.. Most people are not aware that the avian flu killed 50 to 100 million people in 1918.. 3 percent of the worlds population.. We have better medicine now of course but more people and more air travel to spread a pandemic quickly. In another week watch the numbers.. I hope I am wrong.. I will also buy in on the market after it crashes.. long term I know it is a good thing.. short term.. it will be ugly..
 

steak&lobster

aka rclvlhc
Joined
Oct 25, 2015
Messages
2,325
Reaction score
3,674
Was in Vegas today, somehow ended up on the strip, then in the M&M’s store etc. was legit 88.8% orientals all around not to sound racist but yea i was legit a little, well a lot bugged. First time i ever wanted to stand closer to the mooslims
Well you do sound racist and ignorant. By the way it's asians, oriental refers to things not people. Also, muslims not mooslims.
 

Carlson-jet

Not Giving A Fuck Is An Art
Joined
Dec 19, 2007
Messages
7,785
Reaction score
7,950
The population could use a good thinning out.

The nice thing about a virus is, it can't be accused of being racist, blamed on Trump or Conservatives.
Yet... :p
 

nowski

Well-Known Member
Joined
Mar 11, 2013
Messages
6,953
Reaction score
9,258
And in one day the market recovers while the virus continues to spread...
 
  • Like
Reactions: DWC

BLOWN HOWARD

Well-Known Member
Joined
Sep 24, 2007
Messages
1,294
Reaction score
315

2Driver

Well-Known Member
Joined
Dec 21, 2007
Messages
17,618
Reaction score
33,434
Well the market's up 250. looks like the panic is over. Now what's the media going to do, maybe start up "a recession is coming" again? LOL
 
  • Like
Reactions: DWC

cofooter

Well-Known Member
Joined
Apr 30, 2012
Messages
6,049
Reaction score
10,393
What are you guys, day traders, wait for it..........:D:D
 

relaxalot

Well-Known Member
Joined
Jan 21, 2008
Messages
1,497
Reaction score
955
They could get control of the virus and if recent history is repeated... they will. In the case of Sars and Mers its impact was overexaggerated. Or... this could continue for then next year and cause major problems all over the world. There are many unknowns. I think the market will be very much a see saw until this virus starts to stabilize. I am betting on a downward trend until it starts to improve. Probably many opportunities to jump in and out.. In a few more days we will know so much more... should be a fun ride.
 

steak&lobster

aka rclvlhc
Joined
Oct 25, 2015
Messages
2,325
Reaction score
3,674
I bought CODX yesterday at 2.50 and sold at 3.33 yesterday. They are testing vaccines for this corona virus deal.

It dropped again so I picked up a few shares again today at 2.70 for fun :D
The best time to buy is after something crashes. Bought GRUB at 39 a month or so ago and sold at 57. I am on a decent streak right now with a couple of others. I'm a minor leaguer compared to ole Shin
 

relaxalot

Well-Known Member
Joined
Jan 21, 2008
Messages
1,497
Reaction score
955
My prediction.. and I have been wrong before.. market down big tomorrow.. and huge on Friday.. No one will want to hold on over the weekend. This is following the charts.. looking very bad...
 

02HoWaRd26

DCBroke
Joined
Dec 19, 2007
Messages
12,216
Reaction score
29,081
Well you do sound racist and ignorant. By the way it's asians, oriental refers to things not people. Also, muslims not mooslims.
Yep I’m racist for sure towards Mooslims and I’m glad i sound ignorant in your book as you were the one in life i wanted to impress upon.
 

Sleek-Jet

Well-Known Member
Joined
Sep 20, 2007
Messages
13,306
Reaction score
16,746
It's the flu for Gods' sake & there is absolutely no way it can directly impact the market. The media latched on to it & the geniuses on wall street have to. They'll make billions from the hysteria. That being said, buy, buy, buy is what I'll do if this continues.

It isn't the flu there homeslice. Otherwise they would be calling it, you know, influenza. Most deaths from the Flu are elderly and those with compromised immune system. This little bug is taking out healthy adults.



Ultra contractable viruses such as this should at least give us some pause. Airlines are now halting flight to mainland China.

But hey, whatever floats your boat here.
 

pronstar

President, Dallas Chapter
Joined
Aug 5, 2009
Messages
34,690
Reaction score
41,536
Automakers are shutting-down plants...this absolutely affects the market.


Sent from my iPhone using Tapatalk Pro
 
Top