On the lighter side, I figured out today how to tell society is stressed out. The evidence was in the ice cream case at the grocery store. All the good and half-good Ben & Jerry's and most of the Hagen Daz were gone, even at full price.
Carol and I are really spooked by this. I'm the only one going out to do shopping or getting fuel. Even then it's a risk. At least some of our stores are trying their best at keeping the shoppers spread apart. Only thing I need to get every few days are the perishables.Really sorry to hear it Chris. Sure does bring it home and makes people pay attention when it's not just a news report.
My thoughts and prayers are with your family.
For now I'm just going to see how things pan out. I have a few leftover N95 masks and gloves I will be wearing when shopping.I understand some of the issues you have, consider ordering now for 2 weeks out to start the process.
Chris, sorry for your loss. Can you tell us the age of your uncle?Here is a sobering though for all of us. My wife's uncle was diagnosed with COVID- 19 just the other day. He is now in an Idaho hospital on a respirator fighting for his life. He had no underlying conditions, was an avid skier, and very fit and healthy for his age. This is a serious virus. The medical professionals are discovering that this virus can cause permanent lung damage. It's nothing to joke about.
He was 84. But even at 84, he was healthy. Not sure if he was still skiing. He was doing regular hikes though and no health issues. It took the whole family by surprise. Shortness of breath, hospital, ventilator, diagnosed with COVID- 19 then passed away in just 4 days.Chris, sorry for your loss. Can you tell us the age of your uncle?
Kinda guessed we had others in the group. Sorry to differ but I have been timing the market for a long time and am part of a monthly group of technical income traders, so it can be done. The cool thing about technical trading on broad based herd mentality to me (an engineer) is that like history, there are repetitive patterns and probabilities. You can see a little of it in my first chart.Checkswreks I too am a avid investor. I have not meet to many day traders that survived the long haul. You are a rare breed. Every investor has a strategy. You are a chart guy. However you must admit the market also runs on emotion and herd mentality, rendering in some cases charting useless.
I once got some advice from an investor 20 years back that has served me well.
1. Don't try to time the market. You are competing with super computers and whole teams of individual who have seeming endless time and resources not to mention money. They have the power to move the market.
2. Carry no debt and live below your means. Have an emergency fund that can last years.
3. Never be in a position you have to sell. And only sell on good news/ profitable situation in order to obtain a set goal.
4. Diversify
5. Understand Compound Interest. Einstein when asked what was man's greatest invention he replied Compound Interest.
This advise has served me well over the years. I have transcended credit and any debt. If I need something a house a car whatever I pay cash.
Strangely enough our current medical situation is being managed by incomplete data (Charting), therefore making surgical precision decisions is non existent. Plus we lack the governmental control to pull it off even if we had the data. For better or WORSE you have to respect what China has accomplished.
Too clean too clean
My eyes are hurting from the brightness!