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In reply to the discussion: Massive Dow Futures surge on news that the curve appears in the process of being flattened at last! [View all]Yavin4
(37,182 posts)29. This is 100% true.
Remember, people bought into the market when it was setting records over the past three years. They need to prop up the prices to get some of these people out. So, make it look like it's going up, and then quietly sell off. They have to unwind these huge positions.
Also, our economy is severely damaged. It's not going to snap back into shape all at once. it will take years to recover from this. Years.
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Massive Dow Futures surge on news that the curve appears in the process of being flattened at last! [View all]
NewsCenter28
Apr 2020
OP
The trend might be simply that a little bit more testing becomes available by the day, and
Doodley
Apr 2020
#33
We have less than .5% testing rate per million in the US. Unless we're par with Germany, Hong Kong,
uponit7771
Apr 2020
#49
Check out the tweet series by Bill Ackman linked to near middle of this article
NewsCenter28
Apr 2020
#6
Which means we have to stay in an indefinite stay-at-home mode, which will destroy small business.
TheBlackAdder
Apr 2020
#15
THIS !!!! People should be looking at bottoming out the infection rate to get back to normal
uponit7771
Apr 2020
#42
yes, part of what we are doing by staying home, is avoiding being a burden on hospital system
Demovictory9
Apr 2020
#37
A flat curve helps the hospitals not the economy or normality. We're at Indefinite stay at home ..
uponit7771
Apr 2020
#43
Agree - both as to Trump, and as to how scary the health care system overload is. n/t
Ms. Toad
Apr 2020
#31
Where? Nationwide? I don't see how that helps. Trump is right in that if Small Town Idaho has zero
uponit7771
Apr 2020
#48
Flattening curve? WHERE? S. Korea? Bc I'm hearing the opposite here. As in it is imminent.
Vivienne235729
Apr 2020
#38
+1, can you imagine the reaction when Trump says 2 more weeks at the end of April?
uponit7771
Apr 2020
#52