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Forum - Wall Street Pit    Stock Due Diligence for All

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From: Stockguy89 (Rep: 24)Date: 2020-02-22 18:24:50
Forum: Wall Street Pit - Thread #674124773Msg #2817538 - Part 1/9 (Rec: 0)
Things continue to look worse across the world with this virus. Lockdowns are appearing and cases continue to pop up. It’s spreading and countries aren’t prepared at all. In the US, most states aren’t even testing. Same with other countries. Not many headlines in the US yet but if they start appearing, it could be time to fasten the seatbelts.

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From: wilkste (Rep: 21) reply to Stockguy89Date: 2020-02-22 20:18:22
Forum: Wall Street Pit - Thread #674124773 - List SICK msgsMsg #2817549 - Part 2/9 (Rec: 0)
compared to 5 million severe FLU cases world wide Corona is a drop in the bucket.
the real factor is FEAR and the shutdown in economic activity and how long
it will last..It appears the effect on markets is going to be WORSE before
it gets better

Re: Things continue to look worse across the world with this virus. Lockdowns are...


Reply to Stockguy89 - Msg #2817538 - 02/22/2020 18:24
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From: wilkste (Rep: 21) reply to wilksteDate: 2020-02-22 20:25:08
Forum: Wall Street Pit - Thread #674124773 - List FXI msgsMsg #2817550 - Part 3/9 (Rec: 0)
because China is pumping a lot of STIMULUS into economy to try to keep
it afloat. Will be interesting to see if China main indexes break down again
like they did initially in JAN in the next few weeks..Re: compared to 5 million severe FLU cases world wide Corona is a drop in the buc...


Reply to wilkste - Msg #2817549 - 02/22/2020 20:18
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From: Stockguy89 (Rep: 24) reply to wilksteDate: 2020-02-22 20:27:46
Forum: Wall Street Pit - Thread #674124773 - List SICK msgsMsg #2817551 - Part 4/9 (Rec: 0)
Still think corona is bad but regardless the fear is going to paralyze regions and sectors of business. Re: compared to 5 million severe FLU cases world wide Corona is a drop in the buc...

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Reply to wilkste - Msg #2817549 - 02/22/2020 20:18
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From: luhkonik (Rep: 15) reply to wilksteDate: 2020-02-22 20:27:50
Forum: Wall Street Pit - Thread #674124773 - List SICK msgsMsg #2817552 - Part 5/9 (Rec: 1)
Re: compared to 5 million severe FLU cases world wide Corona is a drop in the buc...

Once again, flu isn’t even comparable. This has a mortality rate of 20X that of flu. Any comparison to flu is simply a misuse of statistics.

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Reply to wilkste - Msg #2817549 - 02/22/2020 20:18
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From: wilkste (Rep: 21) reply to luhkonikDate: 2020-02-22 23:13:51
Forum: Wall Street Pit - Thread #674124773 - List SICK msgsMsg #2817556 - Part 6/9 (Rec: 0)
simply not true FLU deaths r 500,000 a year Corona wont even come remotely close
to that number in a year and in a year or so we'll have a VACCINE for it anyway...BUT again the FEAR of CORONA for now is the REAL factor that will cause
worldwide economic disruptions.

Re: compared to 5 million severe FLU cases world wide Corona is a drop in the...


Reply to luhkonik - Msg #2817552 - 02/22/2020 20:27
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From: luhkonik (Rep: 15) reply to wilksteDate: 2020-02-23 08:02:48
Forum: Wall Street Pit - Thread #674124773 - List SICK msgsMsg #2817570 - Part 7/9 (Rec: 0)
Re: simply not true FLU deaths r 500,000 a year Corona wont even come remotely cl...

Wrong. It’s the rate that matters. That’s why there is such a frenzied effort to get this stopped. Way more people die in auto accidents too...not relevant.

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Reply to wilkste - Msg #2817556 - 02/22/2020 23:13
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From: spuds (Rep: 356) reply to wilksteDate: 2020-02-23 10:01:09
Forum: Wall Street Pit - Thread #674124773 - List SICK msgsMsg #2817576 - Part 8/9 (Rec: 1)
Re: compared to 5 million severe FLU cases world wide Corona is a drop in the buc...Yes. your analysis will prove to be correct imo.......some of global economic activity is generated by providing and consumption of what we consider essentials...food.clothing.shelter etc.....but vast amounts of spending is for discretionary items and services......billions of people world wide make enormous numbers of buying choices daily...these is where not only fear but rational realization of increased risk in certain activities comes into play....I can not think of any activity more discretionary than taking a cruise...and its not merely the fear of illness or death.....fear of being quarrantined and deprived of ability to disembark or return to ones homeland is also a concern , I would argue, a much greater risk and not at all an irrational one......flying on an overseas vacation falls in the same category......walking through an airline terminal in a foreign country and being subject to having your infra red temp taken on arrival is not something to be taken lightly....failure to pass this test can subject you to confinement for an indetermenent length of time in intimate contact with people who really are ill....as the current dispute been the cdc and the state department demonstrates your ability to repatriate after leaving for foreign shores may be compromised...lots of other things to be rationally concerned about but do not be surprised if you do not get invited to your grandchilds birthday or wedding celebration upon your return....you will be treated like you have the plague by your loved ones even if there is only a slight chance that you really do...

spuds


Reply to wilkste - Msg #2817549 - 02/22/2020 20:18
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From: gargoyle (Rep: 36) reply to Stockguy89Date: 2020-02-23 22:37:02
Forum: Wall Street Pit - Thread #674124773Msg #2817597 - Part 9/9 (Rec: 4)
Coronavirus Explodes In Italy, Numerous Towns Now Quarantined. Doctor Warns Pandemic Near

https://www.dailywire.com/news/coronavirus-explodes-in-italy-numerous-towns-now-quarantined-doctor-warns-pandemic-near


Reply to Stockguy89 - Msg #2817538 - 02/22/2020 18:24
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