Coronavirus - A pale horse,4 men and ....beer

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wearthefoxhat
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Joined: Sun Feb 18, 2018 9:55 am

Derek27 wrote:
Wed Mar 18, 2020 6:40 pm
Do panic buyers just panic once or do they panic every day and buy a trolley load of food again? :lol:

There must surely come a time when their larders are full and food left for the rest of us.

You might have a point. The symptoms sound a bit like the virus itself..... :shock:

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superfrank
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Why won’t the WHO call the coronavirus by its name, SARS-CoV-2?
https://qz.com/1820422/coronavirus-why- ... ars-cov-2/
The virus that causes the disease is SARS-CoV-2, which was named by the International Committee on Taxonomy of Viruses. The “SARS” part of the name refers to the new coronavirus’ genetic link to the virus that caused the 2003 SARS outbreak. So one tests positive for SARS-CoV-2, not Covid-19, as it’s the virus and not the disease that does the infecting.
...a White House official called it “kung-flu” in front of a Chinese-American journalist.
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Derek27
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It's stupid calling it the coronavirus, which as we've all discovered is the name of a group/type of viruses.
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wearthefoxhat
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jamesg46 wrote:
Wed Mar 18, 2020 5:44 pm
https://www.fool.co.uk/investing/2020/0 ... ain-price/

This makes sense to me... any thoughts?

Had a closer look..... :shock:

Seems, since the article was written on Friday 13th March, the daily chart is showing a mass sell off! (mirrors the Dow Jones)
All Long/Mid/Short term trends are only going down and the price action remains below all of them.
The volume confirms all red (selling)...

My view, when the Dow Jones starts to stabilise, it could go up just as quickly, it's all about the timing.

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greenmark
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Stop Luara Kuesnssberg reporting would be a good idea. Such tabloid, sensationalist reporting on the BBC i don't think I've ever seen. She seems to be revelling in this chaos.
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Dallas
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Some remarkable differences between the case/death ratios from around the world and on our own doorstep in Europe.

China - cases 81102 / deaths 3241
Italy- cases 35713 / deaths 2978
Germany - cases 12327 / 28
UK - cases 2626 / deaths 104
spreadbetting
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None of the cases are accurate reflections of the amount with the virus though. The UK has been too tight and don't have the capacity to test. Maybe Germany's figures are a better reflection.
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Euler
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spreadbetting wrote:
Wed Mar 18, 2020 10:51 pm
None of the cases are accurate reflections of the amount with the virus though. The UK has been too tight and don't have the capacity to test. Maybe Germany's figures are a better reflection.
It will be impossible to know accurate figures until some time after the event. Even then they will only have a range of values.
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Euler
Posts: 26269
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Why are people now panic buying water? The bloody stuff falls from the sky and is available on tap!
weemac
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Joined: Mon Sep 16, 2013 8:16 pm

Panic buying seems to be very much a British thing - no apparent sign of it in Wuhan or in Italy.

So why Britain? Maybe a clue lies in the news item covering the closure of schools where a prominent interview was with a guy banging on about children's human rights.

Maybe we're seeing the natural outcome of a society that's all about me, me, me and my rights.
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

think this will be the worst in america, terrible health care, terrible organisation by their governement/president, see how they will manage over there
marketraisen
Posts: 98
Joined: Sat Oct 20, 2018 3:41 am

https://www.youtube.com/watch?v=yn074EB5NNY

Thoughts on this guy? The original is linked in the description.

The world economy has been absolutely battered but then it was mostly built on speculation and due a shove in the other direction for a while. I've no idea what the biggest fallout from all of this will ultimately be but it wont be in lives lost, the prospect of us going back to leading what we would recognise as our old day to day lives look bleak, economic's will dictate that changes have to be made to supply chains and I highly doubt we will be better off for it.

Who knows whats to come, one things for sure, in the short term I'm definitely not living in any sort of fear of this virus killing me. In highly infected China the reported numbers and even the foreign speculated numbers arent even that high (relative to populations, even if the real figure for the number of people in Wuhan who have died from this flu strain is 10x the reported numbers youre talking about 1/10,000 of the population. Remember thats assuming 10x the reported numbers, in a single city thats apparently the global epicenter for this 'pandemic'.

Whats been sacrificed economically and whats been borrowed against future tax revenues is utterly insane, scarier still is how quickly the population at large has bought into the panic wholesale.
marketraisen
Posts: 98
Joined: Sat Oct 20, 2018 3:41 am

If anyone is worried about infections, deaths, survival rates etc then look at all the cruise liners around the world that were quarantined after outbreaks for some comfort.

Remember the Diamond Princess being in the news? 3,700 on board, the vast majority of passengers were very old, they were locked on an 'infected' ship for a fortnight, a far more dangerous situation than us out in the wild, 700 cases reported from that number and how many people died? 7, all 70+.
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Kafkaesque
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Dallas wrote:
Wed Mar 18, 2020 10:30 pm
Some remarkable differences between the case/death ratios from around the world and on our own doorstep in Europe.

China - cases 81102 / deaths 3241
Italy- cases 35713 / deaths 2978
Germany - cases 12327 / 28
UK - cases 2626 / deaths 104
My understanding is that the reported number of cases is contigent on not just how equipped the country is to test, but also how widespread the virus is. So long as the number is manageable - in as far as that's an appropriate wording for something deadly - it makes sense to test as much as possible to best assess how to act react with policy and to keep the number manageable.

Once contamination reaches a breaking point, as it's done in China and Italy, testing becomes less relevant, and time, money, and resources are better spent elsewhere. Lord knows what China did, but Italy pretty much stopped testing some time ago, so the cases will be weeeeeellllllll north of the number. Most prominently they even stopped testing health personel; no symptoms then you're bloody working, if you an Italian nurse :?
jamesg46
Posts: 3771
Joined: Sat Jul 30, 2016 1:05 pm

wearthefoxhat wrote:
Wed Mar 18, 2020 8:50 pm
jamesg46 wrote:
Wed Mar 18, 2020 5:44 pm
https://www.fool.co.uk/investing/2020/0 ... ain-price/

This makes sense to me... any thoughts?

Had a closer look..... :shock:

Seems, since the article was written on Friday 13th March, the daily chart is showing a mass sell off! (mirrors the Dow Jones)
All Long/Mid/Short term trends are only going down and the price action remains below all of them.
The volume confirms all red (selling)...

My view, when the Dow Jones starts to stabilise, it could go up just as quickly, it's all about the timing.


Cineworld.png
Absaloutly! I would imagine there is lots of people adding to their shopping basket right now just waiting to press the buy button.
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