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Post by Bevo on Mar 19, 2020 12:58:42 GMT
Man... the Doom & Gloom crowd are out in full force today on CNBC.
Ray Dalio, a guy worth $18+ Billion, is on TV saying our financial system is crashing and we're heading into the 1930's, and.. there is NO PLACE to hide.
From the beginning of this virus crisis, I have been afraid that the "cure" was going to be worse for us than the disease.
Dalio has a book (Free on Kindle) called "Principle for Navigating Big Debt Crises". I've been reading it for a few days. Scariest thing I've read in quite a long time.
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Post by Hero on Mar 19, 2020 14:40:26 GMT
Have you made the BIG MOVE?
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Post by doc on Mar 19, 2020 14:42:04 GMT
I've learned from past experiences to avoid the news during times like these. The night Desert Storm began I was in Charleston, WV for work. There was no way I was sitting in a hotel room watching war coverage all night long so I went to a movie - Dances With Wolves. Since I cant go to movies now I'll probably just catch up all the shows I've wanted to watch.
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Post by EvilVodka on Mar 19, 2020 14:57:51 GMT
Man... the Doom & Gloom crowd are out in full force today on CNBC. Ray Dalio, a guy worth $18+ Billion, is on TV saying our financial system is crashing and we're heading into the 1930's, and.. there is NO PLACE to hide. From the beginning of this virus crisis, I have been afraid that the "cure" was going to be worse for us than the disease. Dalio has a book (Free on Kindle) called "Principle for Navigating Big Debt Crises". I've been reading it for a few days. Scariest thing I've read in quite a long time. In just about a week, we have transformed from a free capitlistic society into a complete government run society there is absolutely no resistance to this crisis response, no one in the media or govt asking if this is really the right response basically, this reponse is "the virus might kill a lot of people, so let's shut it all down" ...and if you really want to start worrying, I have read that some stores aren't selling guns or ammo anymore |
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Post by Bevo on Mar 19, 2020 15:59:36 GMT
I've learned from past experiences to avoid the news during times like these. The night Desert Storm began I was in Charleston, WV for work. There was no way I was sitting in a hotel room watching war coverage all night long so I went to a movie - Dances With Wolves. Since I cant go to movies now I'll probably just catch up all the shows I've wanted to watch. ugh... I'd rather watch "Shock and Awe" than Dances with Wolves... Hell, I'd even prefer watching Bahgdad Bob on CNN than that crappy movie.  |
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Post by Bevo on Mar 19, 2020 16:02:22 GMT
Have you made the BIG MOVE? Which BIG move? I didn't sell anything.... I did, yesterday, sell a little NVIDIA and APPLE to buy ETP at $3.75. Couldn't help myself. ETP is a cash generating machine. They aren't going anywhere. $3.75 is below book value. My son had me in 40% cash at the end of the year. He put half of that back in the market yesterday. He wanted to put it ALL in. I told him to wait until Monday. We'll see. |
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Post by doc on Mar 19, 2020 16:29:15 GMT
I've learned from past experiences to avoid the news during times like these. The night Desert Storm began I was in Charleston, WV for work. There was no way I was sitting in a hotel room watching war coverage all night long so I went to a movie - Dances With Wolves. Since I cant go to movies now I'll probably just catch up all the shows I've wanted to watch. ugh... I'd rather watch "Shock and Awe" than Dances with Wolves... Hell, I'd even prefer watching Bahgdad Bob on CNN than that crappy movie. You know how I like to watch all the Best Picture nominees - I'm afraid they blew it that year, Goodfellas was far superior. |
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Post by Bevo on Mar 19, 2020 16:55:35 GMT
ugh... I'd rather watch "Shock and Awe" than Dances with Wolves... Hell, I'd even prefer watching Bahgdad Bob on CNN than that crappy movie. You know how I like to watch all the Best Picture nominees - I'm afraid they blew it that year, Goodfellas was far superior. Goodfellas came out that year? Wow... yea. They blew it bigly. |
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Post by doc on Mar 19, 2020 18:08:27 GMT
goodfellas is one of those movies that when I'm channel surfing and see it's on, I have to watch it through to the end. Both Godfathers I and II are that way. (I've never seen Godfather III).
Unforgiven
My Cousin Vinny
Mr. Smith Goes To Washington
Wizard of Oz
And there are many others. I watched Sergeant York for the first time over the weekend. I kept thinking the girl who played Gary Cooper's younger sister looked very familiar and it turned out she was June Lockhart at 16 years old, well before she owned Lassie or was Lost in Space.
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Post by Bevo on Mar 19, 2020 18:19:17 GMT
goodfellas is one of those movies that when I'm channel surfing and see it's on, I have to watch it through to the end. Both Godfathers I and II are that way. (I've never seen Godfather III). Unforgiven My Cousin Vinny Mr. Smith Goes To Washington Wizard of Oz And there are many others. I watched Sergeant York for the first time over the weekend. I kept thinking the girl who played Gary Cooper's younger sister looked very familiar and it turned out she was June Lockhart at 16 years old, well before she owned Lassie or was Lost in Space. mmmm… me likey some June!  I haven't seen that movie in years. Might have to put it on the schedule. "Stoppers" for me are: Braveheart Forgetting Sarah Marshall Wedding Crashers Eternal Sunshine of the Spotless Mind (My wife HATES, HATES this movie... for some reason, I just get fixated on it) ANYTHING with Bill Murray |
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Post by doc on Mar 19, 2020 20:17:17 GMT
I haven't seen Forgetting Sarah Marshall but I'm sure we have it somewhere in the house so I'll have to watch when there's nothing to do - like over the next month or two! I've always liked Kate Winslet but not so much with blue hair - did you see Little Children, talk about a disturbing movie - Kate gets nailed on the washing machine and that might be the most normal scene in the movie!
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Post by Hero on Mar 19, 2020 22:23:57 GMT
Have you made the BIG MOVE? Which BIG move? I didn't sell anything.... I did, yesterday, sell a little NVIDIA and APPLE to buy ETP at $3.75. Couldn't help myself. ETP is a cash generating machine. They aren't going anywhere. $3.75 is below book value. My son had me in 40% cash at the end of the year. He put half of that back in the market yesterday. He wanted to put it ALL in. I told him to wait until Monday. We'll see. Brinker is looking for a bottom to form with a short rally and retest of the bottom. |
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Post by Hero on Mar 19, 2020 22:27:49 GMT
goodfellas is one of those movies that when I'm channel surfing and see it's on, I have to watch it through to the end. Both Godfathers I and II are that way. (I've never seen Godfather III). Unforgiven My Cousin Vinny Mr. Smith Goes To Washington Wizard of Oz And there are many others. I watched Sergeant York for the first time over the weekend. I kept thinking the girl who played Gary Cooper's younger sister looked very familiar and it turned out she was June Lockhart at 16 years old, well before she owned Lassie or was Lost in Space. mmmm… me likey some June! I haven't seen that movie in years. Might have to put it on the schedule. "Stoppers" for me are: Braveheart Forgetting Sarah Marshall Wedding Crashers Eternal Sunshine of the Spotless Mind (My wife HATES, HATES this movie... for some reason, I just get fixated on it) ANYTHING with Bill Murray Outlaw Josie Wales The Shawshank Redemption More recently, The Accountant |
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Post by Bevo on Mar 19, 2020 22:48:19 GMT
I haven't seen Forgetting Sarah Marshall but I'm sure we have it somewhere in the house lol FIND IT, and watch it. It will improve your mood. It's one of the funniest, most quotable movies ever made. Russell Brand is an IDIOT in real life, but his character in this movie is a CLASSIC! Be sure to watch the REAL movie, not an 'edited for TV' version. |
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Post by Hero on Mar 22, 2020 21:26:58 GMT
Louisiana is now in lockdown by order of the governor.  |
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