News Focus
News Focus
Followers 97
Posts 38830
Boards Moderated 89
Alias Born 03/22/2005

Re: bigworld post# 16431

Wednesday, 03/04/2020 8:55:55 PM

Wednesday, March 04, 2020 8:55:55 PM

Post# of 19856
Bigworld, >> in the money QQQ Puts <<


I'd be wary of making any moves at all, especially anything remotely 'daring'. Those inverse S+P 500 ETF ideas I had would have been disasters. The timing is the problem, it's just too difficult, and the emotional component make things even worse. Seasoned day traders might have a chance to scalp some profits by being nimble, but this market is just too unpredictable for us mere mortals.

It's looking like the best approach is to have a sensible allocation in place already, and just sit pat and ride out the volatility. If the allocation was out of whack prior to the crisis (like being 100% in stocks) then some fast adjustments would be needed.

Btw, I was checking out some Zero Hedge articles today, and there's some interesting virus info in this one -

https://www.zerohedge.com/health/six-reasons-why-covid-19-fails-sniff-test

It's interesting that the '2019 Military World Games' were held in Wuhan from October 18-27 (link below). There were '10,000 athletes from over 100 countries competing in 27 sports'. This event would have been an opportune time to release an engineered virus. Also, there were reportedly 5 athletes who got sick from 'malaria' while in Wuhan -


https://en.wikipedia.org/wiki/2019_Military_World_Games


Looks like I'm the only one with the 'US did it to bring in the SDRs' theory. Some Russians, Chinese, and Iranians are blaming the US/CIA for the virus, but the motivations given don't include the IMF/SDRs. So I guess that makes me a lone nutty conspiracy theorist, lol..






























Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today