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baja6string

03/01/20 4:21 PM

#8106 RE: The_Free_Nebula #8103

We’re due for a bounce. Bottoms at the end of waterfall slides usually mark the low (or close to it), although a test after a month or two is frequent. Still, a sudden recovery is possible.

According to Prof. Nicholls, clinical professor in pathology at the University of Hong Kong and an expert on coronaviruses, we are talking about a coronavirus that has a mortality rate which is 8 to 10 times LESS deadly when compared to SARS or MERS...So, according to him, the correct comparison is not SARS or MERS but a… very severe form of common cold. When the virus will peak? Three things the virus does not like (1) sunlight (2) heat (3) humidity...In his view, sunlight will cut the virus' ability to grow in half and at 30 degrees Celsius (86 degrees Fahrenheit) you will get inactivation.

As of Friday, the Index is 12.8% off of its recent high. We note that 12.9% was the total drop in 2015 during the ZIKA crisis.


frenchee

03/02/20 7:15 PM

#8108 RE: The_Free_Nebula #8103

With the VIX's RSI dropping below 70 today, I'm looking to establish a 40% position in C Fund on Tuesday if $SPX's price is trading above the 8-week price EMA around noon.

May the Force be with us.

C Fund Daily Chart