Re <<The Dow tumbled more than 1,000 points and marked its third-worst point drop in history>>
(1) I suspect last night was dress-rehearsal
(1-i) the night, while bloody, was orderly, almost calm under the dire impending and enveloping circumstances
(1-ii) I sold ETHE and GBTC at profit, large and minuscule, respectively
(1-iii) I bought back some shorted TSLA calls, and shorted other naked calls, to keep the cloud-ATM in working order
(1-iv) I bought back some shorted puts of the gold / palladium miners and of GLD, but refrained from shorting other puts on same
(1-v) remaining faithful to key gold / silver / PGM miners, royalties, and tailings operator w/ some shorted covered calls to mitigate the faith by auto-pilot, in case Armstrong is right
(2) Took below into calculus schema
(2-i) Whilst the Trump gets it even if his neo people fellow and fellowette travelers are obliviously busy to keep doing the wrong thing faster thinking there is war that is winnable and that they would win, fear it is way too late for the damage is done way beyond repair.
Cretinomics has not yet affected equity valuations held aloft for unsustainable and not good but mere fund-flow reasons. The damage shall emerge as higher cost and lower sales shall invariably bite. Just math.
The siege by globalization shall continue.
bloomberg.com
Why Trump Rebuked Hardliners Who Pushed for More China Decoupling
Shawn DonnanFebruary 24, 2020, 8:00 PM GMT+8
(2-ii) Whatever the origin of the 2019nCoV, in effect it is precisely as if some neo group released biowarfare agent in siege of globalization. First hit lands on exemplary Team China, absorbed, and mitigated in heroic manner per civilisation state.
Next hit, valuations China, absorbed, bravely.
Now, next up, and currently on-going ... Biowarfare enhanced trade war by way of wrecking supply chain. The true neo person would not care, because such be neo people.
bloomberg.com
Chipmakers Sink as Spreading Virus Deepens Supply-Chain Risk
Ryan VlastelicaFebruary 25, 2020, 12:07 AM GMT+8
(2-iii) Re << wsj.com >>
It is a race
Testing testing testing of vaccines vs perfect-equity-storm 2020, which shall prove faster?
Perhaps now we get to see what would have happened if the trade war continues, as the de-facto trade war has just been put on auto-pilot and accelerated in a viral way. Theory testing time.
I trust all have faith in auto-piloting Tesla style (ok, cheap shot :0)
The introduction by God or knaves of BioWarfare (or biowarfare) agent into the equation puts the trade war on auto-pilot, in mathematical effect, and if so as appears the case, then we shall find out how a trade war is not winnable ... unless it is winnable.
We can only watch now for the clock is clocking on own, as designed.
A bit of 1929-esque, where confluence of many events brought down the house by perfect-storm.
History might just rhyme.
It is no longer about the vaccines.
It is now about fear.
Neo people have won.
zerohedge.com
What's Behind Today's Market Plunge? A Stunned Wall Street Responds
(2-iv) Suspect the cretindom neo people crowd shall go down in history as did the Macarthyism faithfuls, for both are of the same mold ...
bloomberg.com
Peter Navarro Says Coronavirus Shows U.S. Offshored Too Much
Businesses unleashed and gave succor to a force they cannot possibly control, and now for-the-people shall experience wallet pain at the equity level, first, whereas by-the-people do not give a heck, and the against-other-people shall carry on as best as can and move on.
No supplies from China? Try S Korea. Failing in S Korea, ping Japan.
Am guessing the Tokyo Olympics shall be cancelled as during hot wars, and if not, disaster envelops
The November election’s relevancy is vague should the all important market go down, and down. Where are the helicopter support? Calling Fed - SOS.
(2-v) I instructed the Jack re who would get people killed in “1917” the movie and such
- the fellow w/ the road map
- the negative one
- the one paralysed
- noisy one
- w/ baggage
- w/o backstop
- experiencing high friction
Computer gaming, 2008 or 1929, everything is a position and everywhere another trap, ready or not, play on 3, 2, ...
(2-vi) no clue what happens next, and so shall stay agile, alert and astute
and staying positive on the short side |
