Amazon, Microsoft, and Facebook have already confirmed cases.
That’s Seattle though, but the bay area is not far behind. It’s only a matter of time.
At least one blogger here work there.
There is a new hotpot place across the street from the Cisco campus that’s super busy. Maybe now we can walk in without any wait. 
Will not hit bottom until at least 20% down
Waiting for a 50% correction
I wanted to stay away from controversial or debatable posts, but would like to inform everyone the dangers of market volatility going towards an imminent recession. This is my own view, use it with grain of salt. You need to do your analysis before you do anything (buy/sell).
In short “Save yourself from volatile market”, no one knows when and where it stops (any one like Jim Cramer or even WB can not predict). Do not trust anyone else except you and you alone!
Like tech companies closure, soon schools/colleges close, more US states declare emergency, normal life impacted until covad-19 cure is in place. Using this issue, wild market makers bring down the stocks for their benefit. How? Read further…
Most of the members are bullish, with lot of hopes, market will come back after reaching bottom.
Watch VIX (no one here watches that index) which is equal to SPY PUT within 23-37 days. Know about more what it is etc. Traders hedge Billions on spy puts (Friday 42 to 54), and drop the market free fall, still they make positive money, but retail investors (buy and hold believers) loose money. If you buy an hold, hedge puts are the only way out to avoid drops in net worth at the expense of small amount.
Elevated VIX means (>40 range), market makers (big banks, HFTs) cornered the retail investors to weak place and are going to repeatedly jabbing them until death… No one , Trump, congress, fed can save until this stops…Only way to stop the fall is to stop trading which US will not do !
Even the experienced here miss the track and the reality of traders, HFT, computer algorithms. Market is wilder than you expect (I am not scaring, but with introduction of computers in trading,lot of HFTs, it has become complex).
Friday, market went down, but recovered was not normal, but some HFT team issue that was stated in zero hedge. Zerohedge
someone else commented like this.
It is not going to stop here anytime. Good Luck to you all.
I am hiding again, do not @ me or ask any questions, you can do your own analysis.
Oil prices will drop on Monday. The Saudis are ramping up production after opec talks failed on Friday.
If I have to summarize the @Jil post in one line, it will be like this:
if you are in a hole, stop digging.
Looks like Saudi Arabia has started a price war in crude oil. Low oil prices is generally seen as good for economy, a kind of tax cut, if you will. What does it mean for green energy companies like Tesla?
Challenging the God? And his ardent followers?
Huh? Big enough for you to dig means you can pile soil on one side ![]()
Saw this article at zerohedge today but giving link to the original.
I like these lines from the article.
The Federal Reserve is a socialist institution, in that it is based on the socialist concept of central planning. A central bank consists of a board of government commissars who have the responsibility of planning the monetary affairs of hundreds of millions of people.
It cannot be done. Socialism is an inherently defective economic system. It produces monetary crises and chaos, which is what we have seen in the United States since the Fed was established in 1913.
This would be a lower low…
Has it not gone much lower already for what corona-virus problem seems like? A virus with lower mortality risk and only on limited kind of people and only effective below certain temperature? Things do not add up. Any thing to do with presidential elections and any possibility of a manufactured crisis?
4.9% now.
Did read the article? Oil! Also beware of misinformation, I have linked to a site that list out the misinformation sites in the coronavirus thread.


