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Thread: amoeba's Account Talk

  1. #2401

    Join Date
    Oct 2010
    Location
    Aiea, Hawaii
    Posts
    1,122

    Default Re: amoeba's Account Talk

    Quote Originally Posted by amoeba View Post
    Alright enough Covid talk...you're all gonna get it way before any vaccine, if there ever is one, gets approved, so accept that, wear a mask correctly until then, and deal with it. Get on with your lives. I'm all in, yall can sit in your bunkers in G fund forever...I'm not. Yee Ha!
    I LIKE your enthusiasm!!
    There are 10 types of people in the world. Those who know binary, and those that don't!!
    Retired on December 31, 2018!!

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  3. #2402

    Default Re: amoeba's Account Talk

    Quote Originally Posted by uscfanhawaii View Post
    I LIKE your enthusiasm!!
    overweight I fund..I did today...China beat Covid in 6 weeks with masks and nightsticks (if you didn't wear it correctly). I will be laughing my ash off when they start that here. I'm tired of slackers preparing food with their masks pulled down. Screw your freedom of choice to infect others.

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  5. #2403

    Default Re: amoeba's Account Talk

    just made a mess of IFTs again with that God d_m intraday reversal last Friday....dropped to 50% equities in TSP....looked schmart, then not, as it tanked off a peak. I even bought AMZN at neutral and -2%, and it has kept falling since. I have learned to diversify...the hard way.


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  7. #2404

    Default Re: amoeba's Account Talk

    Not much new to post about....markets hit a wall and turned south hard....after 3 days of such selling, futures appear, premarket 9/9/20, to be pointing to a positive open...the question is whether this is the rebuy point or deadcat b4 the casino burns down. Can't tell yet.

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  9. #2405

    Default Re: amoeba's Account Talk

    Bad month....made a timely IFT....then got greedy and turned 2.5% gain into 1.5% loss in a few days...won't be doing that again...2 consecutive days of Covid new cases in the mid 30K after several in the high 40s. I may make a very early October IFT if a third, lower, Covid count AND a market either sideways or at worst not gapped down. It will be a flyer if I try it.

    Sent from my SM-J320P using Tapatalk

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  11. #2406

    Default Re: amoeba's Account Talk

    Covid new cases back above 40K, PPP expires in spite of announced layoffs in major airlines/others, debate chaos, and the market moves up? I suspect bullish sentiment has increased, but for the life of me, I can't say why; the AAII comes out tomorrow; BOL Friday. Not pretty.

    Sent from my SM-J320P using Tapatalk

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  13. #2407

    Default Re: amoeba's Account Talk

    Covid new cases last 2 days +52K, spreading like wildfire in midcontinent, as new/continuing claims, permanent, job losses rise unabated.... markets continue rise on stimulus hopes. If I was looking only at business activity, I would call this the worst economy in my 65 year lifetime. And not getting better. After 6+ months, lots of unmasked, or improperly masked people in convenience stores, gatherings, elsewhere, inside and out, including the White House lawn. The disease remains highly contagious, substantially untreatable...POTUS' experience with unapproved medications shows nothing...other than luck. I have a feeling this state of affairs will continue without improvement unless or until markets contract to the point of requiring some enforceable, effective full compliance with masking (+ another lockdown), or the Pandemic runs its course to herd immunity -a couple more years.

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  15. #2408

    Join Date
    Mar 2013
    Location
    Bloomington, Indiana
    Posts
    322

    Default Re: amoeba's Account Talk

    Fortunately everyone who gets this lives except the over 75 crowd who die at a 3% rate last I looked. Masks are no panacea but everyone on the white house lawn had one on it appeared. The economy will struggle as the effects of the lock downs compete with covid for deaths. Hydroxychloroquine early has been shown to be an effective treatment. Getting it early is the key as shown by the 120 with 70 peer reviewed studies.

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  17. #2409

    Default Re: amoeba's Account Talk

    65K new Covid cases 10/15, can't even find today's data...but the market dropped hard in the last 45 minutes, including 2% in the last 90 seconds for AMZN. Not the largest decline, but a late one. Bull flag? Maybe, but I say not. Especially if this disease continues to spike over the weekend.

    Sent from my SM-J320P using Tapatalk

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  19. #2410

    Default Re: amoeba's Account Talk

    90, then 99K new Covid cases, yesterday. I'm not seeing obvious preventative measures, like temperature checks, anywhere except hospitals....so I'm supposed to fly cross country this morning on a packed plane with only mask protection...which we know from hospital worker cases is far from perfect.

    Maybe we can have a Covid peak new case count contest? Or a next lockdown day contest?

    Sent from my SM-A115U using Tapatalk

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  21. #2411

    Default Re: amoeba's Account Talk

    sharp drop last 2 days in new Covid cases...that 99 was followed by an 84 then 74K. Although noisy, a couple more days down and a settled election, entirely possible , and you be looking at 3+% up days. No missing out! I plan to IFT into equities early this month....get 5% by Veterans Day, and go home.

    Sent from my SM-A115U using Tapatalk

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  23. #2412

    Default Re: amoeba's Account Talk

    Quote Originally Posted by amoeba View Post
    sharp drop last 2 days in new Covid cases...that 99 was followed by an 84 then 74K. Although noisy, a couple more days down and a settled election, entirely possible , and you be looking at 3+% up days. No missing out! I plan to IFT into equities early this month....get 5% by Veterans Day, and go home.

    Sent from my SM-A115U using Tapatalk

    I missed my chance, in part due to changes in the TSP.gov website requiring creation of a user name on the day I was going to IFT last week, and ended up putting it off till Friday....another leg up Monday made me wait till today to go all in....thinking I was going to catch a dip (hardly any). 100% equities for me, overweighting I fund.

    If this overblown vaccine effectiveness news sustained the rally this far, then next week's release of vaccine safety data of same next week could churn the market higher. Factors to the downside are several, the most prominent being a wave of Covid cases, hospitalizations, and likely deaths to follow in the next week, as well as small business closures (indoor dining closure announced again in CA, today, for example); as well as no stimulus; no relief for airlines (AAL issued new stock today); consequential job losses (not gains) in the coming weeks, etc.

    Certain sectors are rising...homebuilding, materials, construction generally, associated equipment, and financials, to name a few; while some majors retreat in the large cap/tech arena (AMZN, ADBE, AMD, many more).

    If there's a dip, I think it will follow the vaccine euphoria, which will sustain for a bit here with news, and maybe even an EUA for health care workers, since hospitals have high case incidences. Which isn't most of us. I think a vaccine for the masses, if there is one, is still year(s) away.


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