BillStrangeOgre Posted March 18, 2020 Share Posted March 18, 2020 This market might have further to fall...who knows, but i do know we are entering buy territory and when the market turns it could do so very sharply. This coronavirus will not be around forever, could be over as a pandemic by the summer. The big question of course is the severity and length of the damage to economies involved. What funds/shares are you buying? 1 Link to comment Share on other sites More sharing options...
Popular Post cornishcarlos Posted March 18, 2020 Popular Post Share Posted March 18, 2020 Netflix and Pornhub... Got to be worth a punt with everyone in quarantine ?? 4 5 Link to comment Share on other sites More sharing options...
Popular Post BillStrangeOgre Posted March 18, 2020 Author Popular Post Share Posted March 18, 2020 4 minutes ago, cornishcarlos said: Netflix and Pornhub... Got to be worth a punt with everyone in quarantine ?? Already holding Pornhub...in my left hand of course! ???? 5 Link to comment Share on other sites More sharing options...
Popular Post 1FinickyOne Posted March 18, 2020 Popular Post Share Posted March 18, 2020 (edited) Been liquid for quite a while [month or so]... no plans to buy for a while... the recession is yet to come, profit announcements going forward etc... mnaybe at Dow 15k or lower,... for the moment, I am happily on the sidelines... Edited March 18, 2020 by kenk24 9 2 Link to comment Share on other sites More sharing options...
BillStrangeOgre Posted March 18, 2020 Author Share Posted March 18, 2020 (edited) 20 minutes ago, kenk24 said: Been liquid for quite a while [month or so]... no plans to buy for a while... the recession is yet to come, profit announcements going forward etc... mnaybe at Dow 15k or lower,... for the moment, I am happily on the sidelines... Dow at 15K? Wow! that's a long way down from where we are now. Don't think we will have to wait for earnings to report, think the market has already factored a lot of that in. The market hasn't fallen so far, simply on the health scare news and oil...it's clear the economy is going to tank. This time next year coronavirus will be just a bad memory Edited March 18, 2020 by BillStrangeOgre 1 Link to comment Share on other sites More sharing options...
Popular Post El Guapo Posted March 18, 2020 Popular Post Share Posted March 18, 2020 DOW is @ 21k, was 29k+ just a couple weeks ago, so yea 15k plausible, me thinketh. 4 Link to comment Share on other sites More sharing options...
El Guapo Posted March 18, 2020 Share Posted March 18, 2020 Never hear of xrp. It looks like it's trading around 14 cents US. What is it, in layman's terms? Link to comment Share on other sites More sharing options...
Greyhat Posted March 18, 2020 Share Posted March 18, 2020 3 minutes ago, El Guapo said: Never hear of xrp. It looks like it's trading around 14 cents US. What is it, in layman's terms? It's a cryptocurrency otherwise known as 'Ripple', it has many advantages over Bitcoin and is considered to be more stable with less drawbacks. It's well worth holding a handful, all things considered. 1 Link to comment Share on other sites More sharing options...
stephenterry Posted March 18, 2020 Share Posted March 18, 2020 Undertakers. 1 Link to comment Share on other sites More sharing options...
BillStrangeOgre Posted March 18, 2020 Author Share Posted March 18, 2020 13 minutes ago, El Guapo said: DOW is @ 21k, was 29k+ just a couple weeks ago, so yea 15k plausible, me thinketh. True dat! ???? Still, i'm interesting what people are buying or following for the upturn when it happens? Cheers 1 Link to comment Share on other sites More sharing options...
BillStrangeOgre Posted March 18, 2020 Author Share Posted March 18, 2020 1 minute ago, stephenterry said: Undertakers. Lol, i hear they're hiring! ???? 1 Link to comment Share on other sites More sharing options...
Popular Post sharktooth Posted March 18, 2020 Popular Post Share Posted March 18, 2020 Bitcoin and ethereum 5 Link to comment Share on other sites More sharing options...
gamb00ler Posted March 18, 2020 Share Posted March 18, 2020 52 minutes ago, Neeranam said: XRP - the Globalists scaremongering campaign is working. The IMF(owned by Rothschild family) will bail out the Central Banks(owned by Rothschild family) by using XRP. Did the guy/girl/whatever in your avatar bestow those pearls of knowledge only to you? Thanks for sharing. Link to comment Share on other sites More sharing options...
Logosone Posted March 18, 2020 Share Posted March 18, 2020 I'm buying British Airways, BP, TUI, Shell and of course Rolls Royce who make airline engines. These companies will have a great future... 2 Link to comment Share on other sites More sharing options...
bkk6060 Posted March 18, 2020 Share Posted March 18, 2020 Wynn. Down from 150 to 50. Around 40 or below would be fantastic. They are not cheap charlie hotels and most who gamble at their casinos have money. Gamblers are never going away. 2 Link to comment Share on other sites More sharing options...
Chazar Posted March 18, 2020 Share Posted March 18, 2020 1 hour ago, cornishcarlos said: Netflix and Pornhub... Got to be worth a punt with everyone in quarantine ?? anyone with any sense uses putlocker Link to comment Share on other sites More sharing options...
1FinickyOne Posted March 18, 2020 Share Posted March 18, 2020 53 minutes ago, BillStrangeOgre said: Wow! that's a long way down from where we are now. with the market moving at 1000 points a clip and some days more than 2000 points and can flip off 500 points in a couple of hours... 15k might be less than a week away... who knows? Link to comment Share on other sites More sharing options...
BillStrangeOgre Posted March 18, 2020 Author Share Posted March 18, 2020 17 minutes ago, Logosone said: I'm buying British Airways, BP, TUI, Shell and of course Rolls Royce who make airline engines. These companies will have a great future... Yes, airlines are an obvious buy, share prices have been trashed, can't see BA going under. Easy Jet is another i'm looking at...no banks, Logosone? 1 Link to comment Share on other sites More sharing options...
BillStrangeOgre Posted March 18, 2020 Author Share Posted March 18, 2020 38 minutes ago, sharktooth said: Bitcoin and ethereum Too exotic me! ???? 1 Link to comment Share on other sites More sharing options...
BillStrangeOgre Posted March 18, 2020 Author Share Posted March 18, 2020 10 minutes ago, kenk24 said: with the market moving at 1000 points a clip and some days more than 2000 points and can flip off 500 points in a couple of hours... 15k might be less than a week away... who knows? It's true, has the market factored in more infection numbers though? Potentially it could get as bad as Italy, NHS will not cope. As the numbers rise the harder govt. will have to crack down ie, further travel restrictions, border restrictions, business closures...next few weeks will be crucial. On a positive note, the situation looks to be improving in China and Korea although they paid a huge price by shutting down completely. UK and US are a long way from that 1 Link to comment Share on other sites More sharing options...
Logosone Posted March 18, 2020 Share Posted March 18, 2020 11 minutes ago, BillStrangeOgre said: Yes, airlines are an obvious buy, share prices have been trashed, can't see BA going under. Easy Jet is another i'm looking at...no banks, Logosone? Definitely, Easy Jet is a screaming buy, also Heathrow Airport holdings, Fraport, Carluccio's restaurant and Cineworld are also screaming buys. Would definitely buy those companies with a glittering future ahead.... Link to comment Share on other sites More sharing options...
Susco Posted March 18, 2020 Share Posted March 18, 2020 19 minutes ago, BillStrangeOgre said: Yes, airlines are an obvious buy, share prices have been trashed, can't see BA going under. Easy Jet is another i'm looking at...no banks, Logosone? Let's see how many airlines apply for chapter 11 before the end of this year. 1 Link to comment Share on other sites More sharing options...
1FinickyOne Posted March 18, 2020 Share Posted March 18, 2020 12 minutes ago, BillStrangeOgre said: UK and US are a long way from that after seeing how quiet CM had become - and how difficult that can be for any business, I extrapolated out a major recession at best... those days of lost business can never be compensated for... and how many months of this might we expect? Profits will get slammed. And even worse, I have a toothache. 1 Link to comment Share on other sites More sharing options...
Lacessit Posted March 18, 2020 Share Posted March 18, 2020 None. IMO the virus has another 2-3 months to run. Traders may make a lot on volatility, but I'm sticking with cash. 2 Link to comment Share on other sites More sharing options...
Popular Post Logosone Posted March 18, 2020 Popular Post Share Posted March 18, 2020 The UK's biggest pension fund is a major investor in crematoria. I would definitely invest in Crematoria now. 12 minutes ago, Lacessit said: None. IMO the virus has another 2-3 months to run. Traders may make a lot on volatility, but I'm sticking with cash. The problem with volatility is you have to be a genius to predict the timing of the swings. Right now you get governments, central banks, making 'key' announcements at random times, not even as part of a calendar, but basically at random. So technical analysis goes out the window and news trumps it every time. Yes, volatility offers great opportunity to make money, but it also is very high risk, in that you could be caught short as the bottom ends and it all goes up. 5 Link to comment Share on other sites More sharing options...
Puchaiyank Posted March 18, 2020 Share Posted March 18, 2020 I'm buying manufacturers of hemorrhoid products which will be a booming business for all those who took it in the axx when the markets fell! ???? 1 Link to comment Share on other sites More sharing options...
moontang Posted March 18, 2020 Share Posted March 18, 2020 I have been nibbling at Consumer Medical Staples..GRX...and it has been crushed as bad as many. Also back in utilities.. Link to comment Share on other sites More sharing options...
Popular Post AlexRich Posted March 18, 2020 Popular Post Share Posted March 18, 2020 I’m buying nothing until we see the cases of Coronavirus start to level off, and we are no where near that position yet. I don’t think any asset is safe. Even gold is being sold off by holders to meet margin calls in other areas, and it will tank when the cases begin to turn. Companies are beginning to update markets on the Covid-19 impact, and they don’t make for a pretty read. We will see a pretty sharp global recession. Markets will spring back when the newsflow improves but will remain subdued as the virus may erupt again in the winter. There will be bargains at some point, but we’ve not reached that point yet. 3 Link to comment Share on other sites More sharing options...
AlexRich Posted March 18, 2020 Share Posted March 18, 2020 54 minutes ago, Logosone said: Definitely, Easy Jet is a screaming buy, also Heathrow Airport holdings, Fraport, Carluccio's restaurant and Cineworld are also screaming buys. Would definitely buy those companies with a glittering future ahead.... I wouldn’t touch airlines yet, but if my hand was forced I’d say that Ryan Air, with 4 billion in cash, will be the last man standing. They can tough it out better than most. I’m not convinced about IAG or EasyJet ... great buys if this passes quickly though. 2 Link to comment Share on other sites More sharing options...
ianezy0 Posted March 18, 2020 Share Posted March 18, 2020 2 hours ago, kenk24 said: Been liquid for quite a while [month or so]... no plans to buy for a while... the recession is yet to come, profit announcements going forward etc... mnaybe at Dow 15k or lower,... for the moment, I am happily on the sidelines... totally agree. This is only the 1st quarter of the reporting seasons (Australia) which will undoubtedly show a negative GDP for all or most countries. A recession can’t be called until we have two negative reporting sessions and the 2nd session will not be until end of June. It’s not looking that favourable for the 2nd session. It will all depend on the success of the stimulus package’s put forward to encourage spending and trades. Hopefully we will be able to see a slow down of Covid-19 by this time. Stay safe everyone. Link to comment Share on other sites More sharing options...
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