Coronavirus

[dougthonus]

I sold the rest of my mutual funds on the bounce today. Hoping the positive market conditions last until the close, since I get the close price regardless.

[Ccwatercraft]

I sold the rest of my mutual funds on the bounce today. Hoping the positive market conditions last until the close, since I get the close price regardless.

I dumped 15% on the bounce, hoping tomorrow will bounce again and I'll cut what remains in half.

also now prefunding my self directed account and may use that to go long on some selective stocks/industries when I feel the time is right.

[dougthonus]

I sold the rest of my mutual funds on the bounce today. Hoping the positive market conditions last until the close, since I get the close price regardless.

I dumped 15% on the bounce, hoping tomorrow will bounce again and I'll cut what remains in half.

also now prefunding my self directed account and may use that to go long on some selective stocks/industries when I feel the time is right.

I'm going to go 50% back into total market type funds and look for an entry around SP500 below 2000 and plan to go long in either oil and financial services companies with my individual stocks though may pick a few tech stocks. I think Chevron / Exxon are good buys if they get beat up more (will probably lean towards Chevron of the two, but undecided and depends what prices look like in a month or two) and think there are interesting opportunities in financial services, but I haven't figured out which ones yet to target.

[Ccwatercraft]

I sold the rest of my mutual funds on the bounce today. Hoping the positive market conditions last until the close, since I get the close price regardless.

I dumped 15% on the bounce, hoping tomorrow will bounce again and I'll cut what remains in half.

also now prefunding my self directed account and may use that to go long on some selective stocks/industries when I feel the time is right.

I'm going to go 50% back into total market type funds and look for an entry around SP500 below 2000 and plan to go long in either oil and financial services companies with my individual stocks.

I was thinking airlines and such.

missed the bottom on UAL in the low 20's and now they are back over 30. Also movies, Looking at AMC, got in just under $3 but only 1000 shares, didnt want to get silly, thinking more of that and have time to be patient.




landlord for my office just cut rent in half for 60 days, totally unexpected and pleasant surprise, I need to add her to my xmas card list.

working from home has settled into a routine, getting used to that,will take a little time to really get organized, the den is a cluttered mess right now, stuff everywhere.

[AKfanatic]

yikes. hope this process makes things better for ya

Thanks Dice.... I’m hoping so. It’s been an extremely long process (over 2 years) but the doctors seem to be really keying in on an area that’s been giving me issues. Took over a year to get them to take a real look and do some tests....

before they finally got to the point where they were like “hmm C6-C7, doesn’t look like it should”... me “where’s C6-C7?”... doctor touching me “here”... “oh, you mean in the area that I’ve been telling you I’ve had severe pain for well over a year? Go figure”

Feels like I’m on a good path to some sort of pain management or worst case, surgery that will allow me to get back to some form of living.

Sorry to hear about that AK. I hope they can find some relief for you. I can't imagine getting a migraine every other day. Has any sort of chiropractic adjustment or physical therapy offered any hope?

Therapy did really well for some of the other issues after my accident. But the migraine issue seems to stem from my neck and the therapists haven’t wanted to do much in that area until the doctors get things under control.

It’s rough, but I manage as best I can. I’ll just do what the professionals tell me and hopefully get past this.

Thanks man

[dougthonus]

missed the bottom on UAL in the low 20's and now they are back over 30. Also movies, Looking at AMC, got in just under $3 but only 1000 shares, didnt want to get silly, thinking more of that and have time to be patient.

I thought about airlines too because they are critical infrastructure too, but it depends on teh deal they get from the government, because they may all need to declare bankruptcy after this and figure out how to work out of it. I think it's a straighter line for oil recovery.

AMC is interesting one.

Planet Fitness was another one I was looking at for a company that should have a straight forward return after this is over.

[Ccwatercraft]

missed the bottom on UAL in the low 20's and now they are back over 30. Also movies, Looking at AMC, got in just under $3 but only 1000 shares, didnt want to get silly, thinking more of that and have time to be patient.

I thought about airlines too because they are critical infrastructure too, but it depends on teh deal they get from the government, because they may all need to declare bankruptcy after this and figure out how to work out of it. I think it's a straighter line for oil recovery.

AMC is interesting one.

Planet Fitness was another one I was looking at for a company that should have a straight forward return after this is over.

AMC was recommended to me by a relative of mine who's a movie buff, I almost never go to the theater so it never occurred to me.

yes on the airlines, if they get Grant's vs loans they will be fine, I'm expecting that, but who knows.

[CBS7]

The coldfish plan:

Step 1: Epidemic mitigation 2-4 weeks

Continue with existing plans for another 2-3 weeks. Large scale shutdowns and anything to socially distance. Italy is working. Will save countless lives. In the mean time, be ramping up for

I like most of your plan and its a bit reassuring but existing plans aren't nearly enough. There has been no official country wide shutdown and plenty of governors are balking at the idea of a total shutdown even for a week or two. The current US "shutdown" isn't nearly as serious as Italy's shutdown.

[coldfish]

The coldfish plan:

Step 1: Epidemic mitigation 2-4 weeks

Continue with existing plans for another 2-3 weeks. Large scale shutdowns and anything to socially distance. Italy is working. Will save countless lives. In the mean time, be ramping up for

I like most of your plan and its a bit reassuring but existing plans aren't nearly enough. There has been no official country wide shutdown and plenty of governors are balking at the idea of a total shutdown even for a week or two. The current US "shutdown" isn't nearly as serious as Italy's shutdown.

Fair point. That should be changed. We need almost a national 3 week lockdown.

[Michael Jackson]

The coldfish plan:

Step 1: Epidemic mitigation 2-4 weeks

Continue with existing plans for another 2-3 weeks. Large scale shutdowns and anything to socially distance. Italy is working. Will save countless lives. In the mean time, be ramping up for

I like most of your plan and its a bit reassuring but existing plans aren't nearly enough. There has been no official country wide shutdown and plenty of governors are balking at the idea of a total shutdown even for a week or two. The current US "shutdown" isn't nearly as serious as Italy's shutdown.

Fair point. That should be changed. We need almost a national 3 week lockdown.

Yeah a real shutdown, not just a well stay home but you can go to the store 5 times a day because you are bored. Don't think that is coming though.

[AKfanatic]

Read on Twitter

Wow

Read on Twitter

[Ccwatercraft]

I like most of your plan and its a bit reassuring but existing plans aren't nearly enough. There has been no official country wide shutdown and plenty of governors are balking at the idea of a total shutdown even for a week or two. The current US "shutdown" isn't nearly as serious as Italy's shutdown.

Fair point. That should be changed. We need almost a national 3 week lockdown.

Yeah a real shutdown, not just a well stay home but you can go to the store 5 times a day because you are bored. Don't think that is coming though.

I agree with the last paragraph, I'm so guilty of that, went this morning just for an avocado for my potatoes o'Brien, so km only half-assing my shut down. I'm well stocked on so much stuff now but still making daily trips to the grocery, first world issues I guess I need to address but I figure if someone close gets diagnosed then I do a 180 and don't leave for a bit.

ps, officially became a hoarder, bought the last 3 bottles of cider infused whiskey at wine & more last night.

[Ccwatercraft]

anyone have a good link on ventilator and mask production and distribution?

lots of talk but it would be nice to see real figures vs anecdotal info and "many are coming "

[AKfanatic]

What a bunch of nonsense....

As if Japan, Italy, the UK, Australia, China, New Zealand, Iran, etc. all got on a conference call with the American “left” and decided that the world economy is secondary to beating Trump in the next election.....

This is as absurd as the birther nonsense.. Obama was born in Kenya and somehow managed a birth announcement in a Hawaiian newspaper... it was a conspiracy by the left... they uhhh, either time traveled or were so wickedly powerful that they knew a baby born in Kenya was their one hope to lead, so they put in the birth announcement and moved the pieces so that baby Obama would one day lead....

But hey, maybe it’s all true... maybe they’re running the world from their Comet ping pong pizza lair, in that invisible, non existent basement.


Damn, if “democrats” are that powerful at putting things into motion.... how exactly do they ever lose an election, let alone a vote in the senate...

Trump didn't issue stay at home orders, the Democrat governors did. But I'm sure Trump will get blamed for the resulting 30% unemployment and GDP contraction though if this continues for any length of time.

You cannot shut down your economy without major consequences. Entire sectors are in the process of getting wiped out, yet people here are actively encouraging more shutdowns and stay at home orders. It's not sustainable and will lead to mass unemployment and bankruptcies on a scale that hasn't been seen since the Great Depression.

I didn’t say Trump issued shutdowns, you stated that these shutdowns were put in place my Dems as an attempt to purposely harm the economy to hurt Trump.... which is absurd given that Dems don’t run the world, Republican governors have also had **** downs, and Dems aren’t ruling and shutting down other countries. Dems also face risks in losing their positions of power for shut downs.

What Trump has, rightfully, taken blame for is his mishandling of this. His downplaying the threat and in turn allowing the threat to get to a point that even he could no longer deny its existence.

[Dresden]

The coldfish plan:

Step 1: Epidemic mitigation 2-4 weeks

Continue with existing plans for another 2-3 weeks. Large scale shutdowns and anything to socially distance. Italy is working. Will save countless lives. In the mean time, be ramping up for

I like most of your plan and its a bit reassuring but existing plans aren't nearly enough. There has been no official country wide shutdown and plenty of governors are balking at the idea of a total shutdown even for a week or two. The current US "shutdown" isn't nearly as serious as Italy's shutdown.

Fair point. That should be changed. We need almost a national 3 week lockdown.

Along with a shutdown, you need testing though, and we aren't doing that. Otherwise you will just see a new explosion when the shutdown is lifted. People have to be tested and isolated, and the people they were in contact with have to be traced and also isolated and quarantined. It's a massive effort, but that is what has worked in China and S. Korea.

The other tactic that has been recommended is to limit the movement of people. Hotspots develop (like NY and Louisiana right now), and will continue to develop, and the more people travel in and out of those hotspots, the faster that will spread it to areas that may not be affected. This was especially important in Wuhan in keeping the outbreak from becoming nationwide. You have to do everything possible to contain it.

[TheStig]

I don't think this is the bottom. I don't think it's really even hit this country. I think this is just a bump from the stimulus. I would wager that it'll be a week or two till it hits and then it'll last a few weeks. I think we're looking at a two month time table.

[coldfish]

I like most of your plan and its a bit reassuring but existing plans aren't nearly enough. There has been no official country wide shutdown and plenty of governors are balking at the idea of a total shutdown even for a week or two. The current US "shutdown" isn't nearly as serious as Italy's shutdown.

Fair point. That should be changed. We need almost a national 3 week lockdown.

Along with a shutdown, you need testing though, and we aren't doing that. Otherwise you will just see a new explosion when the shutdown is lifted. People have to be tested and isolated, and the people they were in contact with have to be traced and also isolated and quarantined. It's a massive effort, but that is what has worked in China and S. Korea.

The other tactic that has been recommended is to limit the movement of people. Hotspots develop (like NY and Louisiana right now), and will continue to develop, and the more people travel in and out of those hotspots, the faster that will spread it to areas that may not be affected. This was especially important in Wuhan in keeping the outbreak from becoming nationwide. You have to do everything possible to contain it.

This is what you are replying to:

The coldfish plan:

Step 1: Epidemic mitigation 2-4 weeks

Continue with existing plans for another 2-3 weeks. Large scale shutdowns and anything to socially distance. Italy is working. Will save countless lives. In the mean time, be ramping up for

Step 2: Wack a mole 10 months

With massive testing and fast results, be able to quickly test anyone who even feels a little gassy. If they test positive, quarantine for 2 weeks and test anyone they have been in contact with. Give them tamiflu and whatever else we find that mitigates the direction of the virus. Put screening on front door of any elderly spot. Anyone who wants to come in must be tested and wait for the test results. In the mean time, be ramping up for

Step 3: Vaccination

Once vaccines are in place, vaccinate everyone.

Step 4: Well, let's not do that again

Both nationally and globally, put laws, agencies and systems in place to drastically reduce the chance of this happening on a global scale ever again.

[CBS7]

A neighboring county to mine (I live in Dallas County, which is shut down aside from essentials) ordered residents to stay home, but said businesses can remain open. "All workers are essential" is the logic they used.

"Stay home, but business can remain open."
"Stay home, but don't stay home if you own a business, work at a business, or want to purchase products or services from said businesses."
"Stay home, or don't, whatever."

[AKfanatic]

A neighboring county to mine (I live in Dallas County, which is shut down aside from essential businesses) ordered residents to stay home, but said businesses can remain open. "All workers are essential" is the logic they used.

"Stay home, but business can remain open."
"Stay home, but don't stay home if you own a business, work at a business, or want to purchase products or services from said businesses."
"Stay home, or don't, whatever."

I was actually just talking to a woman I know living in that area. She pretty much said the same thing.

“Stay home, but go ahead and go out, businesses are open”.......

That’s quite the message.


Where I’m at, they haven’t issued any orders to the public or businesses even though it’s obviously here as at least 4 ER employees are positive with the virus. Even though the local government has been playing the “nothing to see here”... “business as usual” approach, the majority of the businesses have taken upon themselves to close completely or offer delivery services.

[Michael Jackson]

Fair point. That should be changed. We need almost a national 3 week lockdown.

Yeah a real shutdown, not just a well stay home but you can go to the store 5 times a day because you are bored. Don't think that is coming though.

I agree with the last paragraph, I'm so guilty of that, went this morning just for an avocado for my potatoes o'Brien, so km only half-assing my shut down. I'm well stocked on so much stuff now but still making daily trips to the grocery, first world issues I guess I need to address but I figure if someone close gets diagnosed then I do a 180 and don't leave for a bit.

ps, officially became a hoarder, bought the last 3 bottles of cider infused whiskey at wine & more last night.

Oh I am just as guilty. I am stocked up but I had to get diswasher liquid (kept it down to one store at least lol) and paint to start painting some rooms in my house yesterday. Absolutely neither was essential. The distancing was actually pretty good at home depot they marked off the waitline with x's to get to the counter but yes we need to really lock it down.