Coronavirus ...

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RogerD

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I have to say that I haven’t Read through this entire thread. My non virologist opinion is the RNaught factor of 4.0 is if true is a very dangerous situation.
 

NorthStar

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Oh I think it is Roger (or they wouldn't have mentioned the highest level 4); I don't see this as a distraction to other local news in America.
It is simply purely coincidental. It's big and it's getting bigger by the day.

? https://nationalpost-com.cdn.ampproject.org/v/s/nationalpost.com/news/world/watch-live-china-builds-hospital-wuhan-coronavirus/amp?amp_js_v=a2&amp_gsa=1&usqp=mq331AQCKAE=#referrer=https://www.google.com&amp_tf=From %1$s

"Delta said it will suspend flights between the United States and China starting on Sunday until at least April 30, according to a press release."

That gives a perspective into the near future...three months.
305 people confirmed dead..."confirmed".

Watch the Chinese stock market next week, and the US stock market, and the Global stock market. ...And the week after, and the week after next week, ... and the month after, and the month after next month, ...
 
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the sound of Tao

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Language is just so very important. I grew up in a family with zero racism but also in a culture where racial inequity was built into the everyday popular idiom. I caught myself out accidentally saying the most horrendous thing about 10 years ago because I didn’t question the derivation of a simple common saying. I am sure that Ron doesn’t have a bad bone in his body and is fair and kind hearted but Tang makes such a very, very important point. Division and exclusion will be the absolute end of us as a species. I believe I am sure that is not at all the aim of Ron’s comment but this is a time where also being deeply fair and ethically clearly correct is absolutely vital. There are people who will jump on every opportunity to manifest hatred and division at any opportunity... cheap beer jokes aside.
 

Ron Resnick

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Whether I agree personally as a linguistic matter or not, I do not want to offend or upset any member here.

I withdraw my posts above and, except for the immediately preceding post by the sound of Tao, I will delete the posts below my post relating to the word usage.

Please let’s all return to discussing the virus itself. Thank you.
 
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RogerD

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Oh I think it is Roger (or they wouldn't have mentioned the highest level 4); I don't see this as a distraction to other local news in America.
It is simply purely coincidental. It's big and it's getting bigger by the day.

? https://nationalpost-com.cdn.ampproject.org/v/s/nationalpost.com/news/world/watch-live-china-builds-hospital-wuhan-coronavirus/amp?amp_js_v=a2&amp_gsa=1&usqp=mq331AQCKAE=#referrer=https://www.google.com&amp_tf=From %1$s

"Delta said it will suspend flights between the United States and China starting on Sunday until at least April 30, according to a press release."

That gives a perspective into the near future...three months.
305 people confirmed dead..."confirmed".

Watch the Chinese stock market next week, and the US stock market, and the Global stock market. ...And the week after, and the week after next week, ... and the month after, and the month after next month, ...

Bob, stock markets around the world have had one hell of a run for 11 years. Since markets are fueled by mass psychology and easy money,any sudden unexpected change in that mass psychology can have a dramatic effect on prices. Btw I notice personally that a 3 peaks and a domed house pattern has formed in the S&P500....a uncommon pattern.
 

spiritofmusic

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Roger, where does Brexit fit into yr "mass psychology/easy money" model? We're sitting tight in the UK lol.
 

djsina2

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The two biggest cryptocurrencies are up 27% and 42% since the outbreak.
 

Ron Resnick

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Bob, stock markets around the world have had one hell of a run for 11 years. Since markets are fueled by mass psychology and easy money, any sudden unexpected change in that mass psychology can have a dramatic effect on prices. . . .

+1

David Tepper, who as of December was very bullish, said on Friday to Jim Cramer that the virus outbreak could be a “game changer” to his previously bullish thesis. In response to a question Tepper replied that long-term investors have nothing to worry about, but they “should be unleveraged.”
 
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RogerD

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Roger, where does Brexit fit into yr "mass psychology/easy money" model? We're sitting tight in the UK lol.
Well Marc I personally think the UK is better off, after all it is the birthplace of the Magna Carta. BOE Mark Carney might not be as bad as Christine Lagarde who is bad news I think. As far as world stock markets...the Fibonacci sequence should let us know....28,29 days and 55 days from a top are usually landmarks in a major decline. Beware the Ides of March...maybe.
 

spiritofmusic

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You've covered all the options there Lol. Mark Carney is a reluctant late in the day Brexiter I believe. In Brussels, they're still rubbing their eyes. Disbelief and procrastination is the result of lack of democratic imperative.
 

NorthStar

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Bob, stock markets around the world have had one hell of a run for 11 years. Since markets are fueled by mass psychology and easy money,any sudden unexpected change in that mass psychology can have a dramatic effect on prices. Btw I notice personally that a 3 peaks and a domed house pattern has formed in the S&P500....a uncommon pattern.

I did some research on how viruses in the past affected stock markets.
This one will be affecting China the most. Other countries will be affected too but the effect will be short term. And it all depends on how the coronavirus will keep spreading globally, of course as the price of gas will be taken a hit, the aviation industry, travelling industry, shopping malls and transits (China), carrying goods, etc.

In times like these gold is a safe bet. Bitcoin I don't give a rat's tail.

https://www.marketwatch.com/story/h...eaks-as-chinas-coronavirus-spreads-2020-01-22
 

spiritofmusic

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Put a lime in it. Vit C.
 
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RogerD

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I did some research on how viruses in the past affected stock markets.
This one will be affecting China the most. Other countries will be affected too but the effect will be short term. And it all depends on how the coronavirus will keep spreading globally, of course as the price of gas will be taken a hit, the aviation industry, travelling industry, shopping malls and transits (China), carrying goods, etc.

In times like these gold is a safe bet. Bitcoin I don't give a rat's tail.

https://www.marketwatch.com/story/h...eaks-as-chinas-coronavirus-spreads-2020-01-22
As a old chartist and half ass student of the markets. Two things stick out to me...the year as in number and the chart of price action. Bear markets historically have started in years ending in 9. January can be bullish,but if bearish can mark a significant top. We are in the process of making a possible top. To do so it has to start breaking trend lines.
2020-02-02_1224.png
 

NorthStar

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Roger, like you I'm reading many reports on the state of the affairs right now, the global health issue and the research into the Coronavirus vaccine. And like you I'm watching the effects on the global economy...stock markets in China and across the world, including Canada, USA, Mexico and the UK. +++

I got time, the game is not before another three hours ...

https://www.forbes.com/sites/sergei...oints-as-coronavirus-infections-outpace-sars/

https://www.theguardian.com/busines...onomic-slowdown-coronavirus-follows-trade-war

* Marc, I'm done with Corona (I did have lime on top); it's cognac time.
Gotta be well disposed for the Super Bowl.
 

Ron Resnick

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Roger, where does Brexit fit into yr "mass psychology/easy money" model? We're sitting tight in the UK lol.

Marc, as Brexit and strikes in France have absolutely nothing to do with the topic of this thread, please cease unrelated questions here, and feel completely free to open a new thread about investing post Brexit. Thank you.
 

Ron Resnick

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Gentlemen:

I went back and deleted other political or personal attack-type posts. I tried to be objective and fair, deleting the political posts from both opposing views.

Please feel very free to let me know, publicly or via private message, if you feel I have failed to delete a post which is political.

Thank you.
 
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BlueFox

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Since the posts are gone it is hard to determine if it is political and comment on it
 

Ron Resnick

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Since the posts are gone it is hard to determine if it is political and comment on it

If the posts are gone, then you don’t have to worry about them.

Please let me know if you find any remaining posts offensive.
 

NorthStar

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Feb 8, 2011
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Vancouver Island, B.C. Canada
Language is just so very important. I grew up in a family with zero racism but also in a culture where racial inequity was built into the everyday popular idiom. I caught myself out accidentally saying the most horrendous thing about 10 years ago because I didn’t question the derivation of a simple common saying. I am sure that Ron doesn’t have a bad bone in his body and is fair and kind hearted but Tang makes such a very, very important point. Division and exclusion will be the absolute end of us as a species. I believe I am sure that is not at all the aim of Ron’s comment but this is a time where also being deeply fair and ethically clearly correct is absolutely vital. There are people who will jump on every opportunity to manifest hatred and division at any opportunity... cheap beer jokes aside.

And I'm sure there's not a single bad bone in Bob, Marc, Tang, and any one else with a beating heart inside his body.

Yes language is important, everything matters, and this Coronavirus in the now.
 
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