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

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LinusP
Posts: 1917
Joined: Mon Jul 02, 2012 10:45 pm

I want to start buying but I just have this thought in the back of my mind that this is going to change everything.
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jimibt
Posts: 4197
Joined: Mon Nov 30, 2015 6:42 pm

LinusP wrote:
Wed Mar 25, 2020 10:32 am
I want to start buying but I just have this thought in the back of my mind that this is going to change everything.
i think it's far too early to foresee *related and unrelated* events that could decimate the NY and UK markets even further, especially until the global curve on infection is eased. as you allude to, maybe even once things have settled, these markets will be completely different beasts.
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wearthefoxhat
Posts: 3559
Joined: Sun Feb 18, 2018 9:55 am

Prince of Wales confirmed as having a "mild" case of covid19...

Library pictures of his last public engagement shaking hands with everyone and speaking within centimetres to all the Hoi Polloi...

Camilla tested negative even though she attended the Cheltenham Festival....
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wearthefoxhat
Posts: 3559
Joined: Sun Feb 18, 2018 9:55 am

jimibt wrote:
Wed Mar 25, 2020 10:37 am
LinusP wrote:
Wed Mar 25, 2020 10:32 am
I want to start buying but I just have this thought in the back of my mind that this is going to change everything.
i think it's far too early to foresee *related and unrelated* events that could decimate the NY and UK markets even further, especially until the global curve on infection is eased. as you allude to, maybe even once things have settled, these markets will be completely different beasts.
I'm poised to press the buy button too, but wary of a further drop as the U.S New York CV19 figures unfold further. No-one knows where the bottom of the market will be, that's for sure.

My preference is for the longer term trends to stabilise/reverse and then buy and hold for the next push.
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jimibt
Posts: 4197
Joined: Mon Nov 30, 2015 6:42 pm

wearthefoxhat wrote:
Wed Mar 25, 2020 10:55 am
... to stabilise/reverse and then buy and hold for the next push.
+1 - enough said ;)
Last edited by jimibt on Wed Mar 25, 2020 10:59 am, edited 1 time in total.
LinusP
Posts: 1917
Joined: Mon Jul 02, 2012 10:45 pm

jimibt wrote:
Wed Mar 25, 2020 10:37 am
LinusP wrote:
Wed Mar 25, 2020 10:32 am
I want to start buying but I just have this thought in the back of my mind that this is going to change everything.
i think it's far too early to foresee *related and unrelated* events that could decimate the NY and UK markets even further, especially until the global curve on infection is eased. as you allude to, maybe even once things have settled, these markets will be completely different beasts.
Maybe I follow and read the wrong opinions but everyone is talking about the 'bottom' and that UK/US stocks will rise again but to me that is a big assumption. The importance of a diverse portfolio seems to be limiting the damage for me at the moment but I am young and don't want to miss what could be a great opportunity.

I also think Mr Housel can predict the future...

https://www.collaborativefund.com/blog/ ... -dont-see/
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

LinusP wrote:
Wed Mar 25, 2020 10:32 am
I want to start buying but I just have this thought in the back of my mind that this is going to change everything.
Same here but still seems too risky. The market only rose because of the trillions Trump promised, can't keep doing that everyday and the peak from the current infections is around two weeks away from showing.
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Euler
Posts: 26373
Joined: Wed Nov 10, 2010 1:39 pm

Dared go for a walk today and called into Tesco, still no essential items!

But very well set up and everything guaranteed etc, customer flow very well defined and safeguards in place. But a bit pointless with little on the shelves.
jamesg46
Posts: 3771
Joined: Sat Jul 30, 2016 1:05 pm

I'd wait to see if we end up in a full lockdown, this lockdown is more to do with social behaviour. There is balance be found between the economy & the Pandemic (take the press release from Airbus as an example) - if we are forced into some sort of full shut down then the markets are likely to react further, that said reports coming out of the USA seem that they're tilting towards keeping the economy. When the President is sharing reports saying that the actual death toll of this is likely to be 0.6% and basically says the WHO is over reacting, you can count on them being back at work soon... & maybe then the new epicenter. I think the next 2 weeks will be pretty telling, & if America go back to full speed in 14 days time then I can only cross my fingers and pray for them, so I'd expect the markets to be cagey for at least 3 to 4 weeks yet. That said, I know absaloutly nothing about the markets so dont take my opinion as anything to go by or buy 😁
Atho55
Posts: 678
Joined: Tue Oct 06, 2015 1:37 pm

Have been playing with the Plus500 app that someone posted a mention about, took this this morning after the Post by Fox but had already placed a trade on the USA 500 which is shown
USA 500 early.jpg

This is the position now

USA 500 now.jpg
After closing the trade the result was this

USA 500 P&L.jpg

I know nothing about financials but any bit of news good or bad seems to move the markets....

At minus 33.81% I thought it could only go in one direction
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trad1ngbull
Posts: 36
Joined: Thu Dec 06, 2018 5:55 pm

Nassim Nicholas Taleb and Yaneer Bar-Yam: "The UK's coronavirus policy may sound scientific. It isn't"

@ https://www.theguardian.com/commentisfr ... are_btn_tw
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ShaunWhite
Posts: 10472
Joined: Sat Sep 03, 2016 3:42 am

Only 2 people at a time allowed in local Tecso. The queue extends over the horizon. And that's after queuing for an hour to get my mum's meds. There's no time to work these days even if you could.
greenmark
Posts: 6266
Joined: Mon Jan 29, 2018 2:15 pm

A glimmer of light?
Coronavirus: NHS capacity 'won't be breached at national level'.
https://www.bbc.co.uk/news/health-52035615
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Dallas
Posts: 23534
Joined: Sun Aug 09, 2015 10:57 pm

greenmark wrote:
Wed Mar 25, 2020 3:53 pm
A glimmer of light?
Coronavirus: NHS capacity 'won't be breached at national level'.
https://www.bbc.co.uk/news/health-52035615
Maybe the most positive report to date
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jamesedwards
Posts: 4057
Joined: Wed Nov 21, 2018 6:16 pm

greenmark wrote:
Wed Mar 25, 2020 3:53 pm
A glimmer of light?
Coronavirus: NHS capacity 'won't be breached at national level'.
https://www.bbc.co.uk/news/health-52035615
I bow to the knowledge of the expert, but I can't see any way the NHS will be anything but swamped between mid-April and early August. I hope to God I'm wrong...
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