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Originally Posted by Secondbest
Not as far as I could tell . But 140 S&P points u in two days will bring some selling. If you don't think Virus news is key see what happens if a comprehensive treatment is announced .
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Didn't the president and all the state government officials warn us that this week figures to be the worst week coronavirus-wise that we have yet experienced? Do "news" get any more negative than THAT? And on the very first day of this "ultra-damaging" week...the Dow surges 1,700 points?? On what "news"? That some debatable reports suggested that the virus might be "flattening" in NY...even as masked shoppers throughout the country are standing in spaced-out lines OUTSIDE of the pharmacies and the supermarkets...waiting to get into the stores one-by-one? If the virus news dictate the direction of the stock market...and if the virus "flattening" reports are accurate...shouldn't we all be buying stocks with both hands right about now? And...if these "flattening" reports AREN'T accurate...how was the "all-knowing" stock market fooled so badly yesterday?
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"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
Last edited by thaskalos; 04-07-2020 at 09:34 PM.
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