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14 minutes ago, dmedin said:

My gut feeling is that the media is feeding a frenzy of fear and panic ... I see very few intelligent people panicking ...

I'll let you know how my "strategy" of not panic buying works out......in 2.5 toilet rolls time.

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JESS ........TWO BARKS FOR BUY     ONE BARK FOR SELL   ???

That is the 50% retrace for  the Dow and S&P. 

It's the opposite, I don't think I'm cut out for day trading.  I still would have been better off keeping a position open from Christmas, even now.  I zoomed out to the day chart and the overall pictu

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I'm wondering about Reuters, they still have 'Markets rebound' as their top headline in 'Markets' - have they evacuated their offices?  They normally update the headlines by now - clearly the market has NOT rebounded.

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Also, careful of the end of week "fun". People will be closing positions and they will move in the opposite direction. 

Happened yesterday on the FTSE around 4:25PM, and shot lower at 4:31.

FTSE 100_20200313_15.42.png

Edited by Bopperz
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8 minutes ago, Bopperz said:

We need some serious fiscal loosening. I haven't heard anyone roll out that "new economic theory" recently. The one that sounds very similar to Keynesian........🤑

Give some money to real people instead of Warren Buffett and asset managers, and they will spend it on useful things!

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1 hour ago, Caseynotes said:

why do you say that? just because the mayor of NYC declared a state of emergency, called in the National Guard and has penitentiary prisoners standing by to dig 50,000 emergency mass graves because there's been a death, what's there to cause fear?

the Chinese never needed this so it's nonsense that the US will and is deliberate scaremongering. 

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2 minutes ago, Caseynotes said:

the Chinese never needed this so it's nonsense that the US will and is deliberate scaremongering. 

Wouldn't surprise me at all if the media wants to take attention away from the fact that Joe Biden has senile dementia or Parkinson's disease :)

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Here's the alternative to the Anglo model (where people are left to fend for themselves and lose their jobs the very minute a company gets into trouble):

Quote

“We will help all companies in which the state has a stake, Air France, Renault,” Le Maire said on French television channel BFM TV.

“What ever it costs we will be at their side and will support them,” he added without detailing how the government could help such companies.

https://uk.reuters.com/article/uk-health-coronavirus-france/france-pledges-support-for-state-backed-firms-sees-virus-fallout-costing-billions-idUKKBN2100YE?il=0

(Note the snark from Reuters.)

Zut alors!  And their national anthem is a million times better than Britain's or the U.S.'s.

Edited by dmedin
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4 minutes ago, Bopperz said:

BREAKINGEurope now 'epicentre' of the pandemic, says WHO

The head of the World Health Organization says that Europe is now the "epicentre" of the Covid-19 pandemic.

The U.S. is next :D:D:D

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1 minute ago, dmedin said:

Here's the alternative to the Anglo model (where people are left to fend for themselves and lose their jobs the very minute a company gets into trouble):

https://uk.reuters.com/article/uk-health-coronavirus-france/france-pledges-support-for-state-backed-firms-sees-virus-fallout-costing-billions-idUKKBN2100YE?il=0

(Note the snark from Reuters.)

Zut alors!  And their national anthem is a million times better than Britain's or the U.S.'s.

 

U.S. and Britain: we'll do whatever it takes for the markets

France: we'll do whatever it takes for workers

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20 minutes ago, dmedin said:

Culling jobs to placate shareholders already!   Who says short-term profit-maximizing isn't great for society 🙃

https://uk.reuters.com/article/uk-health-coronavirus-british-airways/british-airways-in-battle-for-survival-over-coronavirus-idUKKBN2101ZM

 

Not only can they look forward to getting sick and dying, but - even worse - they can enjoy the threat of losing their jobs hanging over them.  Cheers BoJo! :D

 

Edited by dmedin
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27 minutes ago, dmedin said:

Wouldn't surprise me at all if the media wants to take attention away from the fact that Joe Biden has senile dementia or Parkinson's disease :)

Alzheimer's ... sorry

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1 minute ago, dmedin said:

Huge move up in the indices!  The 64% are about to get my money :P

 

I cant see any major news. German planning "unlimited" help is it.... dosent feel big enough.

Maybe its a shakeout. Nice bit of stop hunting to finish the day?

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10 minutes ago, Bopperz said:

Maybe its a shakeout. Nice bit of stop hunting to finish the day?

 

Oh yes :D

That's the way it goes!  Priming the pump 🤠

Edited by dmedin
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50 minutes ago, dmedin said:

Alzheimer's ... sorry

I ca nt believe thats all the democrats can come up with.....2   70+ year old men, none of them, up to it....They wo nt beat D T ....  The democrats have nt got the nadgers to show a new face ....so they will never win....  I thought Pete.....  was quite good and intelligent and had his wits about him.....But he s gay so he had no chance.! 

 

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