Musclecar prices and the possible recession

[the427king]

Sell your cars, buy oil futures. Then sell the oil in a few months ,double your money, and go buy your car back.

[Lee Stewart]

Originally Posted by the427king

Sell your cars, buy oil futures. Then sell the oil in a few months ,double your money, and go buy your car back.

Nah . . . sell cruise line and airline companies short. You won't have to wait a few months to make a killing. Maybe 3 or 4 days . . . if it's not already too late to do so.

The U.S. State Department is warning Americans against traveling on cruise ships due to concerns over coronavirus. In a tweet, the State Department said: “U.S. citizens, especially with underlying conditions, should not travel by cruise ship.

[SBR]

Originally Posted by the427king

Sell your cars, buy oil futures. Then sell the oil in a few months ,double your money, and go buy your car back.

Agree, I will back up the truck on crude if it hits 25 per barrel.

[EZ Nova]

Posted on another site:

First 2 Coronavirus deaths recorded in Germany

WHO's Dr. Tedros says threat of pandemic has become "very real"

Confirmed cases near or pass 1,000 in France, Germany and Spain
US deaths hit 22

Canada reports first death in British Columbia

Germany state of Brandenburg has between 4k and 5k in home quarantine

Trump to meet with Wall Street CEOs Wednesday

South Korea imposes travel advisory, confirms another 96 cases; 3 new deaths (total: 54)

Hungary stops flights to and from Northern Italy

PM Johnsons says UK won't close parliament

Trump to hold WH meeting on fiscal stimulus

Italian PM promises "massive shock therapy" to save economy from coronavirus

Amazon asks employees in NY, NJ to work from home

Deutsche Bank cancels 150-year-anniversary celebrations

Dozens of flights leave northern Italy despite quarantine, even as airlines cancel routes

Moody's says US economy headed for recession

Cuomo confirms 142 new cases in New York State, bringing total confirmed in NYC to 19
NY has started making its own sanitizer

Columbia University cancels classes, Princeton moves lectures online
78 new public health labs open across US Monday

Spain PM says he will have 'emergency plan' to tackle outbreak

UK confirms another 45 cases

VP Pence will hold press conference at 5:30ET Monday

Amtrak shutters 'Acela Corridor'

Korean construction worker contracted by US military tests positive

Total number of cases jumps above 9,000 while deaths hit 463

'Grand Princess' docks in Oakland

Another cruise ship disaster might be shaping up in Fla.

Trump congratulates VP Pence via tweet

New cases in South Korea drop as Philippines case total doubles

EUCO President says conference call will be held to coordinate EU response

Germany and France finmins hold talks to discuss crisis

Missouri declares first "presumptive" positive Sunday night; father of patient breaks quarantine

Dutch infections climb to 321

And if you want some interesting reading, TRY THIS, says Corona Virus created in a lab in University of North Carolina in 2015 with a joint venture between China and USA with a Chinese DR. from Wuhan Province??

https://capitalisteric.wordpress.com...s-blunt-truth/

[Billohio]

I have been dabbling in an oil fund called USO. It's an ETP, exchange traded product. It was down 25% yesterday to lowest it's been in several years. I think it closed in the 6.50 range yesterday. It's a way you can follow the market without having to pay what barrels of oil cost.
For the last couple weeks it has been down more than the stock market and really took it on the chin yesterday. When I first got in to it, the price was in the 10 to 11 range. Seems to have days it moves quite a bit

[Crush]

Market will make a nice come back today, be ready!

[Lee Stewart]

Unfortunately, due to social media most of the world suffers from "Lemming Syndrome."

Someone who blindly follows a crowd—maybe even toward catastrophe—is called a lemming.

[Lee Stewart]

Cruise ship finally will dock in Florida today. All passengers (2500) will be tested. If you test positive you go into quarantine for 14 DAYS! And no . . . they will not put you up in a hotel.

[Lee Stewart]

I've had the flu a number of times. Lay in bed, snooze, eat chicken soup (only homemade) take some pills and lots of cough medicine/syrup.

But the last time I go it, it almost killed me. February 2016. Could not stop coughing, had trouble breathing so I drove myself to the hospital. Parked my car and started walking to the ER. Got halfway there when I ran out of breath and had to sit down on the tarmac. THANK GOD 2 ambulance drivers saw me. One rushed over and asked if I was OK while the other ran into the ER to grab a wheelchair. They got me in the wheelchair and I passed out.

1 hour later I woke up in Intensive care with a breathing tube down my throat, an oxygen mask on my face and 4 different drips going into the back of my hand. When they saw I had come to the removed the breathing tube and started feeding me Theraflu pills. I was on straight oxygen for 4 days. I could barely move any of my limbs let alone get out of bed.

I spent another 3 days there and was finally strong enough to walk up and down a 30 foot hallway 3X in a row. I also had to show them I could go to the bathroom by myself. The nurse hands me two containers . . . I ask what the second one is for . . . stool sample. "Lady I haven't eaten anything in 7 days! Forget about the stool sample." They had no idea that I was going to walk out to the parking lot, get in my car and drive home. I told them my son was coming to pick me up.

I had Oxygen delivered to my home and spent another week with one of those things that goes in your nose.

October 2016 I got a flu shot. And for 2017, 2018 and 2019. I will get one this October. No flu since then.

[69_Mean_Mopar]

I was having some pretty bad health issues a few months ago. I was having serious high blood pressure issues. My Sugar was high and out of wack. Among a few other things. I have been in strict doctors care since. I am doing great now. So I asked him what about this. He said it is overplayed hugely by the media. Remember also, It is an election year. There are over 30,000 deaths in The US this year from the flu. Not a word etc. Mostly older people with already bad health issues. I am over 60 and not worried. Muscle Cars are doing real good. Housing is still great in my area that there is not enough for sale. All I know is My Stock is strong and I am not talking about Wall Street. I am talking about my Garage. Been that way for years.