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whiskeysausage

03/08/20 11:49 PM

#240358 RE: homestreet #240175

homestreet, sounds good. I am riding the global economic disaster wave to the bottom with SPXU, then sliding back over to AVXL in a month or two. (When people stop dying, it's time to buy back in)

I agree there are decent antivirals in the market, but they don't exist in quantity's enough to cure 'the whole world.' Best estimates put a recovery at 4-6 months.

But that's all future conjecture and relatively useless to the immediate conversation.

In that time, oil (as we can see) is dropping (anything less than $40/share and the world economy gets funny).

I am think the next two weeks will be extremely telling on how the market is doing, and how well / poorly we are handling the virus.