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Posts posted by polizzio
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Welcome Frank.
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8 minutes ago, tigerwoodKhorns said:
Erosion of norms. I do not mean this as an insult.
Years ago nobody would have questioned this, now normal reasonable people are doing so. This is not good.
Didn't take it as an insult. Just did not understand what you were attempting to convey.
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There was a guy who posted a couple months back here who had Heresies signed by PWK himself. How would he value his speakers in case of a total loss?
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13 minutes ago, tigerwoodKhorns said:
A lot of erosion has occurred.
Erosion of what? Expand on this please.
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28 minutes ago, Noisebleed said:
Guys, need to ask the dreaded question.
Have a rider on my insurance for replacement cost on electronics in the event of...
Newer just gets replaced, on my vintage its more of a market value or inflation adjusted retail from when new.
Because of the rarity of these how do i value them? Because currently they are listed as nothing more than run of the mill h2's.
I would think that will be tough, maybe some sort of professional appraisal, if there is such a thing for vintage audio equipment. Just because you tell the insurance company my very unique, one of a kind H2 are worth $2k doesn't mean they will pay that if there is a loss. I have been thru a flood and insurance companies search out most item values by comparables in the marketplace. At the very least i'd take detailed pics or video and store them somewhere safe. Not a bad idea to do with all the contents in your home. Like in a safety deposit box at the bank, or exchange with a family member for safe keeping. Put it on a usb thumb drive.
When my home was flooded in 2012, the insurance company gave me an Excel spreadsheet to document my house contents and values. I had taken plenty pics of inside beforehand. Without detailed pics or video, it is super tough to account for everything in your home of value. I did mine room by room with the pics I took, and my memory too.
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Ah ha, an article on flu vs CV threat in America: https://www.usnews.com/news/health-news/articles/2020-01-30/why-the-flu-is-a-bigger-threat-to-the-us-than-coronavirus
And another: https://www.axios.com/coronavirus-influenza-disease-china-united-states-64311582-2031-40af-8ec3-9ff68341d4f3.html
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3 minutes ago, geoff. said:
This “threat” could provide legal grounds to throw any international trade agreements out the window.
Made In America would be the only option. Or trade with select nations only.
So much for China’s bid to be the world’s leading currency.
A convenient economic warfare tactic.
Finally a guy who thinks "outside the box". Who thinks of options, or potential global ramifications. I mean clearly by the statistical data, the common seasonal flu is far much more deadly than CV. Wish I could find accurate date on how many people in China die annually from the flu? It has to be pretty huge.
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3 minutes ago, dtel said:
Was in Hope, painting a 99 year old building.
I took the humor and positive vibes with me, but they weren't amused.
How many were you, the paint or restoration gang? I'm guessing this was the Klipsch Museum building?
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9 minutes ago, BigStewMan said:
I'm confused on what your point is though.
That by the CDC numbers or statistics, ordinary flu season kills easily 10 or 15 times what CV has. Why is there this massive fear or pandemonium over CV in the news?
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To recap, by the numbers the CDC states 16,000 to 40,000 have died in the US alone this winter season from the flu.
By contrast 2900 have died in China from CV so far. China's pop is 4 times that of the USA.
https://www.cdc.gov/flu/about/burden/preliminary-in-season-estimates.htm
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56 minutes ago, tigerwoodKhorns said:
Are you serious?
I was just bringing it up for discussion. By the numbers seasonal flu virus has killed 10 or 15 times the number of people versus CV. Did you look at the CDC numbers I posted earlier, the link to their website, their data?
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6 minutes ago, Arrow#422 said:
Hindsight is 20/20........but no regrets.
Hindsight is actually way way better than 20/20. Anybody can pick winners from the past, or historical data. The trick is picking winners before they are winners, and ride that pony to victory lane
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Come on AAPL @ $100 a share! I'm a buyer big time!
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9 minutes ago, Emile said:
Another interesting day DOW down 4.4% as per John above, Nasdaq down 5.1%. Sure glad I got out on Monday Jeez ... MSFT down 7% AAPL down 6.5%
Now who was that saying a couple days ago you shouldn't have pulled out of stocks? That is was a really poor strategy?
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The CDC stated yesterday a big threat from CV is the lack of a vaccine going forward. From the data I have seen searching today, the common flu is way more of a threat and has killed 10 or 15 times as many this winter season versus CV so far to date.
Is it just fake news? Perhaps there are alternative motives actually in play?
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Oh we rolling now, down 1191 points for the day. -4.4%
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43 minutes ago, Jeffrey D. Medwin said:
You have to wait for a sharp-brief rally to TIME the portfolio change. That is extremely tricky to do. Don't do that, and you might sell out, or be sold out due to margin calls, at the bottom in disgust.
Just remember, the TREND is your friend.
In Bull Markets, you buy the dips, sell the rallies. NOW, in Bear Markets, you need to act totally vice-versa.
Sell into rallies, never buy a dip, unless ....... its TOTALLY climatic in nature.
Jeffrey Medwin
That is some really good advice and I believe it. Especially "trend is your friend". I truly do not believe I can "time" the market (for sure not in this crazy fundamentals mean very little/emotional buying market) but hope to make gains on the swings. Don't shoot for the peaks, make modest gains in the swings and move on. Or if you have many years, shoot for long term appreciation/gain.
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Somebody else had posted this a few days ago. CDC data on US flu infection rates and deaths. CDC says somewhere between 14,000 and 41,000 flu virus deaths in the US for the 2019-2020 flu season. First their data seem lacking, that's a variance of 200% deaths in their reported data. Must be purely projected vs an actual running count data. Has to be.
But if the flu has killed say 20,000 Americans this season, whats the huge scare from coronavirus if only 3000 have died in the epicenter (China) so far?
Grant you from reading there is a vaccine for the typical flu strains and no vaccine for coronavirus. But by the data, deaths specific, the flu has been a heck of a lot more deadly than the CV.
I would think the CDC would have more accurate data on flu cases and deaths in the US. Why the fear and reaction over CV?
Given the projected data, there might be 80,000 Chinese deaths attributed to the flu itself 2019-20 season. China pop= 1.35 billion. USA= 327 million.
CDC flu data: https://www.cdc.gov/flu/about/burden/preliminary-in-season-estimates.htm
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2 minutes ago, CECAA850 said:
I just tried. The lack of vowels makes it tough, so I guess no, I can't.
So you won't be appearing on Wheel of Fortune any time soon?
Vanna is calling
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2 minutes ago, CECAA850 said:
Si
Maybe a personal injury attorney?
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21 minutes ago, Jeffrey D. Medwin said:
Polizzio, you haven't figured it out yet !! I said " at the bottom" there is a gap to fill 62-66 bucks.
No one knows where / when this bottom will be. It will not be on the fourth day down.
I am looking for $20 to $50 on MSFT too !!
Jeff
You didn't answer me Medwin, may you missed my question above. Is this what you advocate I do right now? My best move? 100% short the market, my entire portfolio?
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Just now, oldtimer said:
He IS a lawyer...(there's your snark)
Is he really?
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Just now, Jeff Matthews said:
Why use words like these?
Instead of, "Hey, Mr. smarty-pants, know it all, thinks he's God..." How about something like, "You came on pretty strong..."
Now that is a straight up personal insult. One I will not resort to....
Where are the stock markets headed over the next 6 months?
in Lounge
Posted
So much for your rally, down another 800 points 26 minutes after market opening today.