RE:RE:RE:Holding up wellToday was a classic dead cat bounce. I'm looking for a much lower market. The CDC now says up to 1.7 US million deaths. Once numbers get up into the hundreds of thousands the market is really going to freak out, which it still hasn't done. Looking for the bottom to drop out of the market, which should be embarrassed the way it bought that Rose Garden dog and pony show today. US waaay behind and fiscal stimulus has nothing to do with stopping this. Trump has blown this whole Chinese Virus thing.
Got out of my BP quickly. Actually looking at Royal Caribbean and will start nibbling when under $25. Their average passenger is only 46 while Norwegian's is more like 56--don't think old people will flock back to cruises quickly once crisis passes. Depending on how court goes, I might pick up some UURAF at a still lower price. Out of even gold and treasuries as of Tuesday. All I have now is a little bit of a couple of small biotechs working on Chinese Virus vaccines.
Think OK to talk about such things when the markey is closed. Good luck--this is a real casino!