SARS Pt. 2 - Wuhan Boogaloo

[SuburbanFarmer]

It's not that far down yet in the grand scheme of things

It was at a very high valuation to start off with, so it's not really into absolute value discounts yet.

Not even close, yep. You’d have to see a 50% drop to catch up to 2012 or so.

Indeed, at this point we are just back to 2019, nobody is likely to make a mint on AMZN at $1880.00

The stocks everybody wants are just correcting slightly, they're not actually in a plunge on the long view

The problem of course is how much leverage and bad debt needs to flush out, and whether the fed can avoid destroying the residual value of the dollar, while avoiding complete Collapse.

You know where my moneys at.

[Smitty-48]

Not even close, yep. You’d have to see a 50% drop to catch up to 2012 or so.

Indeed, at this point we are just back to 2019, nobody is likely to make a mint on AMZN at $1880.00

The stocks everybody wants are just correcting slightly, they're not actually in a plunge on the long view

The problem of course is how much leverage and bad debt needs to flush out, and whether the fed can avoid destroying the residual value of the dollar, while avoiding complete Collapse.

You know where my moneys at.

People are evacuating the dollar because of the Fed, that is in anticipation of another 50 basis point cut

Moar money printing to buy the bonds

[Smitty-48]

The market is like a savings account that pays way better than the banks right now

So I'm basically looking for high dividend paying at a significant discount

And possibly an entry point on things that I missed the boat on back in 2008-2010

[Smitty-48]

The funny thing is I said to Trek here on the forum that we should support Tesla, America First

So then I had to go out and put my money where my mouth was

And then Tesla went through the roof

[TheReal_ND]

[Smitty-48]

It’s going to $20 in about 30 minutes.

Nah, because it's undervalued at $50.00

They compete with Costco and Walmart, and they make money

Warren Buffet would buy the shit out of Publix if it went public

Publix is 106 on the Fortune 500, 107 is MacDonald's

[Smitty-48]

XOM noses over again at the close, back to $41, they raise the dividend to 8.3%

AMZN to $1800, AAPL to $266, but that's where they were in November, so nbd

[TheReal_ND]

Italy locked down

[heydaralon]

Why would you live in Italy if it is going to get locked down due to Coronavirus? That seems silly to me.

[Smitty-48]

This is all just governments and corporations trying to one up each other now

For governments it is same ol' same ol' Do Something !!!

For corporations it's liability, you don't want to be sued for coronvirus contamination or whatever