Mother Of All Whore Threads Non-VIP Edition v.1
- Thread starter bootyluvr
- Start date
Hell, might be better for you to get outta there! The trip may just be exactly what you need. Arizona has only had 9 total cases and 8 have been reported as person to person transmission, so I'd say eff it and enjoy the trip!
FooBird
If the Foo...well, you know. Just wear it.
Agreed. I’m not concerned about the virus, I’m worried about the politicians implementing martial law. We’re getting closer by the day here in Seattle
COVID-19 has been declared a global pandemic 
https://www.cnbc.com/2020/03/11/who-declares-the-coronavirus-outbreak-a-global-pandemic.html
https://www.cnbc.com/2020/03/11/who-declares-the-coronavirus-outbreak-a-global-pandemic.html
I'm actually starting to get a bit worried as numbers are still increasing instead of decreasing, and we still don't know how to fight it. And that's just one side of it. The markets are getting unstable. These are the largest daily point swings ever with the highest daily point loss ever having occurred on 3/9. We're looking at sliding into a 2008-esque market recession.
- Staff
- #2,726
Point swings/losses are meaningless without context. % swings/losses are what matters.
The 3/9 swing was a -1141 point change that resulted in a 7.79% loss for the day. Ranks at the 11th largest daily percentage loss. 5th highest intraday point swing. 2nd highest intraday point drop. And ranks as the all time largest daily point drop.
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Honda-Fan
Well-Known Member
There was like NOBODY on the road this morning, it's freaking creepy.
Definitely a silver lining! I gained 2 MPG this morning just because of the lack of stop and go.
Honda-Fan
Well-Known Member
Heck yeah! I opened it up on the expressway! Gas is extra cheap too right now
- Staff
- #2,732
Again, point changes are meaningless without context. A 1,000 point drop in the Dow in 1920 would have wiped out its entire value. It is one of the biggest pet peeves I have with market reporting.
Just focus on the % changes.
FooBird
If the Foo...well, you know. Just wear it.
Boeing stock down 15% today. Yikes
I get your positioning for sure, but a 7.79% loss in a day is nothing to sneeze at.
FooBird
If the Foo...well, you know. Just wear it.
I’m positioned to make a killing on the market with things even out....unless we go with Bernie. His proposals scare me and the market below 10,000 could be a very real possibility IMO. Many investors will pull funds to hide them from his reach and shore them up for the looming tax tsunami.
sorry to go political there but it’s definitely a concern with the market.
sorry to go political there but it’s definitely a concern with the market.
I'm still a fledgling in the market so I'm positioned to be poo'd upon. But it could definitely be worse. It's all new to me, so I'm learning a bunch as I go. And what better time to learn than when things are spiraling toward chaos.
Br3TT
Well-Known Member
- 2,837
- 2,336
maybe my car will be ready for some full pulls by the time youre here, i have my first wot pull from 2k-5k rpm i have to do today
Honda-Fan
Well-Known Member
bauer311
Well-Known Member
Im just hoping with this market shake up that my 401k does great in the meantime...since its new to me how it works, I'd like to think things will go good when the market storms back up after all this hoopla.
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Sent from my SM-G960U using Tapatalk
Gitrdone42
Well-Known Member
I've lost between 15 and 20 thousand in my 401k in the past 2 weeks or so. But I still have at least 30 more years to find it so I'll ride it out. I also have everything in an aggressive fund.