Remdesivir (who names a drug after the devil/deceiver?) is pure magic! Merlin told me so & he was a financial adviser to King Arthur.
Remdesivir (who names a drug after the devil/deceiver?) is pure magic! Merlin told me so & he was a financial adviser to King Arthur.
Expert in blood letting....
Ghost of Igloi wrote:
https://www.zerohedge.com/health/gilead-pours-cold-water-report-sent-market-soaring-anecdotal-reports-no-statistical-power
ah zero hedge.
anyway, even in the zero hedge story Gilead said the results were 'encouraging'
So is turning patients face down to relieve pressure on the lungs.
Ghost of Igloi wrote:
So is turning patients face down to relieve pressure on the lungs.
I saw that - sometimes it's the simple things that save the most lives.
Usually not, though.
not sure if this is bad reporting, but CNN's story says that the drug can also prevent illness in non-humans.
"The drug, made by Gilead Sciences, was tested against Ebola with little success, but multiple studies in animals showed the drug could both prevent and treat coronaviruses related to Covid-19, including SARS (Severe Acute Respiratory Syndrome) and MERS (Middle East Respiratory Syndrome)."
Now that magical thinking has made a comeback, I’m super confident in the forward-looking markets.
agip wrote:
not sure if this is bad reporting, but CNN's story says that the drug can also prevent illness in non-humans.
"The drug, made by Gilead Sciences, was tested against Ebola with little success, but multiple studies in animals showed the drug could both prevent and treat coronaviruses related to Covid-19, including SARS (Severe Acute Respiratory Syndrome) and MERS (Middle East Respiratory Syndrome)."
That is true, the drug was first used with Ebola.
jesseriley wrote:
Now that magical thinking has made a comeback, I’m super confident in the forward-looking markets.
Forward looking for the next 24 hours or so. Next week, maybe not so much.
Ghost of Igloi wrote:
seattle prattle wrote:
Gee, and it only took a little world pandemic to do it. Imagine that.
Ridiculous valuations made it inevitable. Massive amounts of debt fueled unhinged speculation. Covid 19 made the decline steeper. We will break S&P 1,500, which will take the market back to 2000 levels. That will likely be an optimistic downside target.
This was posted on March 23rd, approx. 3 weeks ago, The S&P 500 is up 21% since then, and with futures pointing to an open of more than 3% from today's close, that would put it at 24% up from the point this prediction was made. To break 1,500, it would need to lose almost 50% from tomorrow's futures projected open.
I'm not saying you missed the bus, but why might i ask do you continue to base your projections on valuations which have not been applicable for most of the last decade?
But best of luck to you, regardless.
seattle prattle wrote:To break 1,500, it would need to lose almost 50% from tomorrow's futures projected open.
Igy and I still have a bet (which he likes to forget or pretend he didn't accept) about which side of 1500 the SP500 will be come December. I'm still feeling pretty confident...
Remember Igy, both our dignities are on the line, which is worth way more than money! :-)
jesseriley wrote:
Now that magical thinking has made a comeback, I’m super confident in the forward-looking markets.
No matter what the stock market does, it’s nice to see that Igy and Jesse are bosom buddies now.
Euro markets up over 3%.
Go Tesla.
can I post with a different handle wrote:
jesseriley wrote:
Now that magical thinking has made a comeback, I’m super confident in the forward-looking markets.
No matter what the stock market does, it’s nice to see that Igy and Jesse are bosom buddies now.
And Giles has pulled a 180 and abandoned the ship of bears.
stop and go wrote:
can I post with a different handle wrote:
No matter what the stock market does, it’s nice to see that Igy and Jesse are bosom buddies now.
And Giles has pulled a 180 and abandoned the ship of bears.
Not hardly.
I still expect another crash just down the road.
The economy is in the sh*tter and getting worse.
I will ride Tesla for a while as I suspect we have a window before the inevitable
seattle prattle wrote:
Ghost of Igloi wrote:
Ridiculous valuations made it inevitable. Massive amounts of debt fueled unhinged speculation. Covid 19 made the decline steeper. We will break S&P 1,500, which will take the market back to 2000 levels. That will likely be an optimistic downside target.
This was posted on March 23rd, approx. 3 weeks ago, The S&P 500 is up 21% since then, and with futures pointing to an open of more than 3% from today's close, that would put it at 24% up from the point this prediction was made. To break 1,500, it would need to lose almost 50% from tomorrow's futures projected open.
I'm not saying you missed the bus, but why might i ask do you continue to base your projections on valuations which have not been applicable for most of the last decade?
But best of luck to you, regardless.
How many $Trillions did it take to get you here?
Valuations are worse than at the top.
My view, largest quickest drop gets the largest biggest sucker’s rally.
the idiot wrote:
seattle prattle wrote:To break 1,500, it would need to lose almost 50% from tomorrow's futures projected open.
Igy and I still have a bet (which he likes to forget or pretend he didn't accept) about which side of 1500 the SP500 will be come December. I'm still feeling pretty confident...
Remember Igy, both our dignities are on the line, which is worth way more than money! :-)
I am in.
the idiot wrote:
seattle prattle wrote:To break 1,500, it would need to lose almost 50% from tomorrow's futures projected open.
Igy and I still have a bet (which he likes to forget or pretend he didn't accept) about which side of 1500 the SP500 will be come December. I'm still feeling pretty confident...
Remember Igy, both our dignities are on the line, which is worth way more than money! :-)
I believe 2,930 is the Fib 61.8%, so rally is still totally predictable from a technical view.