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To: Pianoman1997 who wrote (59460)2/27/2020 4:52:09 PM
From: daveinmarinca  Read Replies (1) | Respond to of 60918
 
I think we're going to find a PM bottom here soon.....equities correction ends and equities languish while the economy digests the supply disruption. I'm hearing China is turning a corner on COVID 19....Hubei problem but not the whole country.
youtube.com
Excellent video.....telecoms have a problem here....not new news if you read the research....there's a reason they can't get insurance for health impacts.
We will know soon enough re confirmation on China back to work.

"If history repeats itself, then miners came down hard in 2009, as severely as the market.
But they rebounded furiously." ..... that's my guess also....the longer term ills of the economy
have not been addressed.



To: Pianoman1997 who wrote (59460)2/27/2020 4:55:03 PM
From: benwood2 Recommendations

Recommended By
ggersh
Pianoman1997

  Respond to of 60918
 
QE4 is nearing it's end. So that would be a hypothetical QE5, or maybe QE-Infinity.

Difference now is we've had corrections before in bull markets before, like late Nov to early Dec '18, but the COVID-19 virus produces a great unknown. Supply chain disruptions, productivity declines, possibly a few dominos falling. This still has the potential to be a black swan event.

And as we know, the market loathes the Great Unknown.

Here's the one chart to observe. Two more weeks of near exponential growth, and we will almost certainly have a mild recession, triggered by an exogenous event, but a recession nevertheless.



ecdc.europa.eu



To: Pianoman1997 who wrote (59460)2/27/2020 6:40:03 PM
From: kimberley  Respond to of 60918
 
Yes, I've said to several friends I do think if they start moving, it's going to be fast and furious. I've got the positions, and dust is my hedge, so I'm positioned. I'll add on a confirmation we've started the movement, if it comes. Thanks again to everyone for their reads on this situation. This is certainly a challenging market, for everyone! Hope you are all doing well.