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Old 02-29-2020, 12:28 PM
 
Location: East Coast of the United States
27,575 posts, read 28,680,428 times
Reputation: 25170

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Quote:
Originally Posted by 1insider View Post
The definitive statement from the White House: "I don't think it's inevitable. It probably will. It possibly will. It could be at a very small level or it could be at a larger level." __D. Trump 2/26/20
At this point, the stock market may have priced in the coronavirus effect.

Everybody wishes to have a crystal ball, but those don't exist in reality.
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Old 02-29-2020, 12:36 PM
 
18,104 posts, read 15,683,109 times
Reputation: 26808
Quote:
Originally Posted by JRR View Post
Just out of curiosity, where is the evidence that the virus will go away with warmer weather? Everything I've read pretty much comes to the conclusion that there is really no way to know how warmer weather will affect it.
Trump said it in his press conference; therefore it is true and accurate and evidence is not needed.
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Old 02-29-2020, 12:36 PM
 
Location: Charleston, SC
2,525 posts, read 1,947,781 times
Reputation: 4968
Quote:
Originally Posted by tolovefromANFIELD View Post
You don't come down on the side of caution. You come down on the side of the worst case scenario. And stop referencing experts to strengthen your argument. They're all guessing without the access to full information.

Whatever. The folks that I referenced have real bona fides in the pertinent fields.

Your expert has a degree from Wharton, or so he says -- he won't produce a transcript. Do you think he minored in Immunology ??

A genius....but you can't see his grades. A Billionaire....but you can't see his finances.
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Old 02-29-2020, 12:46 PM
 
Location: East Coast of the United States
27,575 posts, read 28,680,428 times
Reputation: 25170
In terms of technical analysis, indicators are showing oversold conditions in all the major indices right now. Same thing with Apple stock. Normally, this means we can expect to see a bounce in the coming week.

Just something to keep in mind.
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Old 02-29-2020, 01:08 PM
 
Location: Ontario, NY
3,515 posts, read 7,784,857 times
Reputation: 4292
Quote:
Originally Posted by tolovefromANFIELD View Post
80,000 Americans die each year from the flu. Somehow, the market could care less. 2,000 or so deaths from this virus, world wide, almost all in one province in China, and yet everyone is "concerned".
.
Point zero one percent of people die from the flu, the China virus mortality rate is 2% taking your 80k figure and multiply it by 20, that gives you 1.6 million. Does that number give you pause for concern? It should.
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Old 02-29-2020, 01:22 PM
 
Location: Charleston, SC
2,525 posts, read 1,947,781 times
Reputation: 4968
I can't believe ANFIELD actually said

"stop referencing experts to strengthen your argument"
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Old 02-29-2020, 01:28 PM
 
Location: In a city within a state where politicians come to get their PHDs in Corruption
2,907 posts, read 2,070,068 times
Reputation: 4478
Quote:
Originally Posted by FiveLoaves View Post
Whatever. The folks that I referenced have real bona fides in the pertinent fields.

Your expert has a degree from Wharton, or so he says -- he won't produce a transcript. Do you think he minored in Immunology ??

A genius....but you can't see his grades. A Billionaire....but you can't see his finances.
What are you talking about? You think I'm a Trump supporter? I said CDC. What does Trump have anything to do with you catastrophizing and throwing out numbers of potentially 50 million dying from this virus. Another poster couple of days ago claimed potentially 80 million dead.


My goodness.
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Old 02-29-2020, 01:31 PM
 
Location: In a city within a state where politicians come to get their PHDs in Corruption
2,907 posts, read 2,070,068 times
Reputation: 4478
Quote:
Originally Posted by TechGromit View Post
Point zero one percent of people die from the flu, the China virus mortality rate is 2% taking your 80k figure and multiply it by 20, that gives you 1.6 million. Does that number give you pause for concern? It should.
Here comes another statistician who has zero clue about sample distribution. My 10 year old can do your simple minded extrapolation.
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Old 02-29-2020, 02:00 PM
 
Location: In a city within a state where politicians come to get their PHDs in Corruption
2,907 posts, read 2,070,068 times
Reputation: 4478
Quote:
Originally Posted by FiveLoaves View Post
I can't believe ANFIELD actually said

"stop referencing experts to strengthen your argument"
See, you're just being intellectually dishonest now, because you didn't quote the entire sentence, therefore altering the context of what I said. I said "stop quoting experts BECAUSE they don't have access to full information".

So, this is my last exchange with you. I don't engage with intellectually dishonest people.
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Old 02-29-2020, 02:21 PM
 
Location: Pennsylvania
31,340 posts, read 14,274,675 times
Reputation: 27863
Quote:
Originally Posted by JRR View Post
Just out of curiosity, where is the evidence that the virus will go away with warmer weather? Everything I've read pretty much comes to the conclusion that there is really no way to know how warmer weather will affect it. It is possible that it might wane in the Northern Hemisphere with warmer weather (and spread more in the Southern Hemisphere), but we are in uncharted waters with this situation.
Just a hunch.
As you probably figured out -- I didn't go to medical school.

And while I don't think the left is really hoping for an epidemic -- I do think that they are milking this for all its worth in an attempt to drag down the stock market because that will hurt Trump.
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