Picking up shares of SDS (ProShares UltraShort S&P500) when market opens tomorrow, I do not think people understand how serious this is going to F up the U.S. economy in the next few weeks/months.
Ended up going with SPXS (DIREXION SHS ET/DAILY S&P 500 BEAR) In @ 14.78
Sadly (for the U.S. economy) this trade is looking to be pretty profitable only 24 hours later, up 10% pre-market today.
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Quote Originally Posted by Donkey_Punch_:
Quote Originally Posted by Donkey_Punch_:
Picking up shares of SDS (ProShares UltraShort S&P500) when market opens tomorrow, I do not think people understand how serious this is going to F up the U.S. economy in the next few weeks/months.
Ended up going with SPXS (DIREXION SHS ET/DAILY S&P 500 BEAR) In @ 14.78
Sadly (for the U.S. economy) this trade is looking to be pretty profitable only 24 hours later, up 10% pre-market today.
I was on this stock about a month ago based on news for Remdesivir (experimental drug developed by Gilead Sciences (GILD)). I read an article how it cured a man (in WA I believe) given the treatment on what I think they call a sympathy basis (the guy is likely to die anyway, lets try treatment on this experimental cure). It seems to be faring well in its trials in China of 297 patients (both with mild symptoms and severe symptoms), I may make another play on it even though it is already near its 52-week high and has gone up 13% since I last sold it on 2/19.
I was on this stock about a month ago based on news for Remdesivir (experimental drug developed by Gilead Sciences (GILD)). I read an article how it cured a man (in WA I believe) given the treatment on what I think they call a sympathy basis (the guy is likely to die anyway, lets try treatment on this experimental cure). It seems to be faring well in its trials in China of 297 patients (both with mild symptoms and severe symptoms), I may make another play on it even though it is already near its 52-week high and has gone up 13% since I last sold it on 2/19.
This shit is in my area now, damn we all gonna die
3 weeks it will be all over the U.S.
We laugh at China's quarantine and welding doors shut, the U.S. is in for a rude awakening. Diagnostic test kits should be deployed by end of week once they start getting used the real SHTF happens.
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Quote Originally Posted by cperiod:
This shit is in my area now, damn we all gonna die
3 weeks it will be all over the U.S.
We laugh at China's quarantine and welding doors shut, the U.S. is in for a rude awakening. Diagnostic test kits should be deployed by end of week once they start getting used the real SHTF happens.
Picking up shares of SDS (ProShares UltraShort S&P500) when market opens tomorrow, I do not think people understand how serious this is going to F up the U.S. economy in the next few weeks/months.
Ended up going with SPXS (DIREXION SHS ET/DAILY S&P 500 BEAR) In @ 14.78
\
Mostly due to Oil I believe...DOW FUTURES CURRENTLY DOWN 1,200 points
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Quote Originally Posted by Donkey_Punch_:
Quote Originally Posted by Donkey_Punch_:
Picking up shares of SDS (ProShares UltraShort S&P500) when market opens tomorrow, I do not think people understand how serious this is going to F up the U.S. economy in the next few weeks/months.
Ended up going with SPXS (DIREXION SHS ET/DAILY S&P 500 BEAR) In @ 14.78
\
Mostly due to Oil I believe...DOW FUTURES CURRENTLY DOWN 1,200 points
Smiths on Rainbow in Vegas, they are limiting the number of people that can go in the store at once and you can only purchase what you can carry - no shopping carts.
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sh!t is getting real in Vegas
Smiths on Rainbow in Vegas, they are limiting the number of people that can go in the store at once and you can only purchase what you can carry - no shopping carts.
Picking up shares of SDS (ProShares UltraShort S&P500) when market opens tomorrow, I do not think people understand how serious this is going to F up the U.S. economy in the next few weeks/months.
Ended up going with SPXS (DIREXION SHS ET/DAILY S&P 500 BEAR) In @ 14.78
\ Mostly due to Oil I believe...DOW FUTURES CURRENTLY DOWN 1,200 points
SPXS up nearly 30% since purchase
0
Quote Originally Posted by Donkey_Punch_:
Quote Originally Posted by Donkey_Punch_:
Quote Originally Posted by Donkey_Punch_:
Picking up shares of SDS (ProShares UltraShort S&P500) when market opens tomorrow, I do not think people understand how serious this is going to F up the U.S. economy in the next few weeks/months.
Ended up going with SPXS (DIREXION SHS ET/DAILY S&P 500 BEAR) In @ 14.78
\ Mostly due to Oil I believe...DOW FUTURES CURRENTLY DOWN 1,200 points
5 years ago, he had $200 in his piggy bank...5 years later all he has is free wifi at the public library...the internet gives clowns the ability to make people laugh...thankfully covers has this twat as its current clown all star
-------------------------------lots of stupid jokes, yet no ability to prove me wrong.logic is not your strong point.
Yet, under that same token, you never prove any off your points valid. You ask people to disprove them. You always put the burden of proof on other people and that is a crutch. You go around proclaiming that everyone is just cattle that believes everything they hear/read when we all know that your numerology gematria bullshite is just something you read on the internet. You are the biggest hypocrite on this site.
"Love, love will tear us apart again."
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Quote Originally Posted by chic-cardinals:
Quote Originally Posted by packersbackers:
5 years ago, he had $200 in his piggy bank...5 years later all he has is free wifi at the public library...the internet gives clowns the ability to make people laugh...thankfully covers has this twat as its current clown all star
-------------------------------lots of stupid jokes, yet no ability to prove me wrong.logic is not your strong point.
Yet, under that same token, you never prove any off your points valid. You ask people to disprove them. You always put the burden of proof on other people and that is a crutch. You go around proclaiming that everyone is just cattle that believes everything they hear/read when we all know that your numerology gematria bullshite is just something you read on the internet. You are the biggest hypocrite on this site.
One of his responses which really drives home what I have been preaching for the past +4 weeks:
Q: Are we likely to see an Italy style outbreak in UK or is it relatively confined?
A: The consensus amongst my colleagues in general is yes, it will get much worse, and it is likely to reach Italy levels. We are preparing for such but there is only so much we can do from within a hospital.
As a health system, the UK runs at or over capacity. It is worth remembering that the background population of critically ill does not decrease in an outbreak.
There was a feeling a week or two ago, when we started seeing community clusters, that population measures needed to be taken. The feedback we have gotten from colleagues in public health or those involved in government advisory positions has been that there is a question of balancing short term economic burden against a predicted mortality.
I personally think this government response has been short-sighted.
We have very good case-studies, in Italy, showing what is likely to happen if delaying measures are not taken early; vis-a-vis South Korea showing what can happen when strict measures are taken in a timely fashion. The key is to prevent healthcare demand from being overwhelmed. This is the point where mortality rises.
Again, my personal opinion, is there is a problem in the UK amongst decision makers with denial, and concern about the political optics of early population measures that affect the economy. The problem is, with outbreaks like this, you won't see that you are about to be overwhelmed until the day before, and you needed to have taken action at least two weeks before that. Lessons from China, from South Korea, and current lessons from Italy and Iran are not being listened to.
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there's a good AMA on Reddit with a UK doctor working in HCID (high consequence infectious disease).
One of his responses which really drives home what I have been preaching for the past +4 weeks:
Q: Are we likely to see an Italy style outbreak in UK or is it relatively confined?
A: The consensus amongst my colleagues in general is yes, it will get much worse, and it is likely to reach Italy levels. We are preparing for such but there is only so much we can do from within a hospital.
As a health system, the UK runs at or over capacity. It is worth remembering that the background population of critically ill does not decrease in an outbreak.
There was a feeling a week or two ago, when we started seeing community clusters, that population measures needed to be taken. The feedback we have gotten from colleagues in public health or those involved in government advisory positions has been that there is a question of balancing short term economic burden against a predicted mortality.
I personally think this government response has been short-sighted.
We have very good case-studies, in Italy, showing what is likely to happen if delaying measures are not taken early; vis-a-vis South Korea showing what can happen when strict measures are taken in a timely fashion. The key is to prevent healthcare demand from being overwhelmed. This is the point where mortality rises.
Again, my personal opinion, is there is a problem in the UK amongst decision makers with denial, and concern about the political optics of early population measures that affect the economy. The problem is, with outbreaks like this, you won't see that you are about to be overwhelmed until the day before, and you needed to have taken action at least two weeks before that. Lessons from China, from South Korea, and current lessons from Italy and Iran are not being listened to.
Michael Osterholm is an internationally recognized expert in infectious disease epidemiology. He is Regents Professor, McKnight Presidential Endowed Chair in Public Health, the director of the Center for Infectious Disease Research and Policy (CIDRAP), Distinguished Teaching Professor in the Division of Environmental Health Sciences, School of Public Health, a professor in the Technological Leadership Institute, College of Science and Engineering, and an adjunct professor in the Medical School, all at the University of Minnesota. Look for his book "Deadliest Enemy: Our War Against Deadly Germs"
Michael Osterholm is an internationally recognized expert in infectious disease epidemiology. He is Regents Professor, McKnight Presidential Endowed Chair in Public Health, the director of the Center for Infectious Disease Research and Policy (CIDRAP), Distinguished Teaching Professor in the Division of Environmental Health Sciences, School of Public Health, a professor in the Technological Leadership Institute, College of Science and Engineering, and an adjunct professor in the Medical School, all at the University of Minnesota. Look for his book "Deadliest Enemy: Our War Against Deadly Germs"
1. No events w/ more than 1,000 spectators outdoors or 100 spectators indoors.
2. No use of public transport
3. Curfews enforced
4. Martial Law
I listed them in order of likelihood / precedence. #1 is already happening in certain regions of the U.S. #2 and 3 are being evaluated in Italy as next steps to be taken. #4 is on the table if riots break out, I seriously hope it does not come to that.
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So how bad can this get in the U.S.?
How about this for starters:
1. No events w/ more than 1,000 spectators outdoors or 100 spectators indoors.
2. No use of public transport
3. Curfews enforced
4. Martial Law
I listed them in order of likelihood / precedence. #1 is already happening in certain regions of the U.S. #2 and 3 are being evaluated in Italy as next steps to be taken. #4 is on the table if riots break out, I seriously hope it does not come to that.
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