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Re: Wesley Smith post# 3578

Friday, 03/20/2020 4:14:35 PM

Friday, March 20, 2020 4:14:35 PM

Post# of 7047
Won't matter if Americans can't travel and forced to stay in there homes with no job or income? There going have to bail out the citizens or face depression and food lines Period.

Can someone help me out and explain how we can turn this around? Simply put you can't shut down the economy and expect something good to happen. It's gone too Far now. 10's of millions will perish from poverty not the Virus!

Coronavirus Bear Market Intensifies As Economy Shuts Down; GM, Tesla, Boeing, Amazon, Domino's In Focus


https://finance.yahoo.com/m/c5f1a838-4964-3367-a121-77f75bfe471d/coronavirus-bear-market.html

I made OK this week selling Puts got a 3 dollar dividend selling BA Puts at 55 dollar strike price. They will be removed out of my account tomorrow morning and I keep the 600 dollars. Have another ready for next Friday However BA could be trading in the 50's at this rate of decline.

I also Pocketed 2 contracts on Honeywell at 110. It closed at 112 so I was biting my nails. It is dropping so hard and fast I can't sell puts low enough!

I am starting to get the impression that this is the next Great Depresion?

---The Happy Trader

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