Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Mar 10, 2020 2:39:09 GMT -8
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Post by playultimate on Mar 10, 2020 2:41:46 GMT -8
2 steps back. 1 step forward.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Mar 10, 2020 2:52:18 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Mar 10, 2020 3:00:46 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Mar 10, 2020 3:07:51 GMT -8
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Post by firestorm on Mar 10, 2020 3:56:03 GMT -8
Most of the analyses I read yesterday were blaming it mostly upon the oil price war. Some oil stocks have been hit really hard, and it is probable that some fracking companies will go into bankruptcy.
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stub
Member
The fix is in. Be patient. Don't panic.
Posts: 300
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Post by stub on Mar 10, 2020 5:43:56 GMT -8
Most of the analyses I read yesterday were blaming it mostly upon the oil price war. Some oil stocks have been hit really hard, and it is probable that some fracking companies will go into bankruptcy. ...and that's a GOOD thing, as Martha Stewart would say. Less toxic land/water pollution (in the USA) when the price of oil goes below $55/barrel. Profits for Retailers (which benefit consumers) go up because the cost of fuel goes down. Of course, there ARE Losers, but those Losers are just Losers. :^D
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Post by firestorm on Mar 10, 2020 7:31:11 GMT -8
Dead cat bounce ...
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Post by archibaldtuttle on Mar 10, 2020 7:39:48 GMT -8
Picture a world where the hospitals are full, doctors and nurses are getting too sick to work, schools and any gatherings are canceled. Malls and movie theaters are empty, no one is traveling unless it's essential.
That's where we're headed, possibly for the next year until a vaccine is available.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Mar 10, 2020 7:51:35 GMT -8
I know that this is not a timely thought, but as I read AAPL targets of $350 or even $400, I have to wonder whether Tim and Luca might consider another split once things stabilize; of course that could very well depend on the price where things settle, which is hard to guess at the moment.
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Mar 10, 2020 9:31:39 GMT -8
There's lots of articles out there, for both directions. Personally, I liked these. investors-make-warren-buffettlike-moves-amid-coronavirus-crisisMaybe it's the algos and big money making the move out, to counter the retail counter net buying by a wide margin? Here’s the bullish upside following ‘the worst day of our investment lives’This one had a lot of great quotes, feeling a bit like what someone with 40 or 50 years in the market might be sharing. Oh well, at least he's writing beyond his years of experience. Awwww, how cute. Personally, I didn't actually look at the total number yesterday, but I believe AAPL's fall was much greater with that big fall recently, just as it's gain was huge on the +25 day a week ago. Volatility? Where? Sometimes it's just like a yo-yo. Don't let the ups and downs get to you too much. There will be more.
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Post by hledgard on Mar 10, 2020 9:33:09 GMT -8
Picture a world where the hospitals are full, doctors and nurses are getting too sick to work, schools and any gatherings are canceled. Malls and movie theaters are empty, no one is traveling unless it's essential. That's where we're headed, possibly for the next year until a vaccine is available. China is easing up on things, not a lot but some.
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Post by duckpins on Mar 10, 2020 11:08:10 GMT -8
Most of the analyses I read yesterday were blaming it mostly upon the oil price war. Some oil stocks have been hit really hard, and it is probable that some fracking companies will go into bankruptcy. Decreases in gas prices are like a tax cut to the bottom 90 percent of America. They have more to spend and spend all their money. So it should act as a stimulus. The oil companies are in a large secular decline, every solar panel, windmill, waste to energy plant, or electric car decreases aggregate demand. The Saudis have the free market approach. Sell every drop before no one wants it.
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Post by dreamRaj on Mar 10, 2020 11:29:09 GMT -8
From yesterday's thread... ... By the way, who has the confidence to BTFD today? I am later in life, shall we say, and need to preserve rather than gamble, so it won't be me. I put in a 100,000 yesterday to BTFD. All options, half in leaps. So far, I've done over 400K of coronavirus-related BTFD.
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Mar 10, 2020 12:07:34 GMT -8
I feel like I should be throwing my arms in the air and yelling "Weeeee" as we ride this rollercoaster.
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