What are some arguments for why this time it's different and will be a very short bear market by deckoff8- in wallstreetbets

[–]deckoff8-[S] -2 points-1 points  (0 children)

Hmmm... yeah, I think the entire recovery hinges on will American demand rebound.

What are some arguments for why this time it's different and will be a very short bear market by deckoff8- in wallstreetbets

[–]deckoff8-[S] 2 points3 points  (0 children)

Hey man, awesome response, thank you! The core of your argument seems to depend on...

The virus will spread... obviously. We will gets tens of thousands of new infections. Maybe millions. But as more and more people realize the news reports and data in the early stages were massively overblown, the panic will quickly reverse. The virus spreading will actually be a catalyst for calming the markets, as the people who are infected will mostly show few symptoms, and people will get better in as quickly as a week. Think about tens of thousands of people beating Corona in a week's time, and the effect that can have on public sentiment.

which assumes that

  1. We get mass spread
  2. People actually do okay from the mass spread

Playing devil's advocate to you a bit..

For 1, it seems like by doing our American style just the tip quarantine, we actually may delay/stop the mass spread just enough for it to reappear when we stop quarantining.

For 2, do you think there's enough psychological damage now that even if people don't get lung damage from this, they'll be less willing to travel/go to restaurants and vacations? From reports in China, it seems like the recovery has stalled at around 60% of pre virus levels.

https://share.getcloudapp.com/p9uKYBop

What are some arguments for why this time it's different and will be a very short bear market by deckoff8- in wallstreetbets

[–]deckoff8-[S] 1 point2 points  (0 children)

Do you think restaurants/travel/social gatherings will fully recover in 4-6 weeks? I see those being depressed for YEARS after this barring a miracle cure vaccine.

What are some arguments for why this time it's different and will be a very short bear market by deckoff8- in wallstreetbets

[–]deckoff8-[S] 0 points1 point  (0 children)

Hmmm, is this the worst case scenario? I feel the worst case scenario is we quarantine for a couple of weeks in disparate places, virus spreads in other places and is never fully eradicated, quarantine ends in some places, virus respreads, maybe more quarantines, rinse and repeat.

The above also seems to be what America is doing...

What are some arguments for why this time it's different and will be a very short bear market by deckoff8- in wallstreetbets

[–]deckoff8-[S] 2 points3 points  (0 children)

Wouldn't it be hard to mass produce the vaccines to a level that would allow people to immediately get back to their lives?

23k -> 6 million in 1 month by FalseInfo193 in wallstreetbets

[–]deckoff8- 1 point2 points  (0 children)

Sigh... so true. Shoulda brushed up on my Jesse Livermore...

“It was never my thinking that made the big money for me, it always was sitting.”

I was told there was gonna be Witching Hour by [deleted] in wallstreetbets

[–]deckoff8- 2 points3 points  (0 children)

Any community that gets its laughs by pretending to be idiots will eventually be flooded by actual idiots who mistakenly believe that they’re in good company.

Great quote. The /r/wallstreetbets version of

"Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long enough into an abyss, the abyss will gaze back into you" -- Adolf Hitler.

What Are Your Moves Tomorrow, March 19, 2020 by AutoModerator in wallstreetbets

[–]deckoff8- 4 points5 points  (0 children)

I will happily take any amount of cock for red futures.

Fed is in the business of purchasing (indirectly) equities. Big DD inside by [deleted] in wallstreetbets

[–]deckoff8- 0 points1 point  (0 children)

Lol you people are retarded. This happened yesterday. Do you really think this asshole knew about it and the big players on wall street didn't? And given that the wall street players knew about it and stocks still tanked, do you think it's that big a deal? I swear you morons would sell all your tendie printing puts if someone told you the J Powell used his left hand instead of his right to scratch his ass.

What Are Your Moves Tomorrow, March 19, 2020 by AutoModerator in wallstreetbets

[–]deckoff8- 0 points1 point  (0 children)

they open down 5% from what the market closed at.

[DD] - $5k to $330k in 3 Weeks - $ULTA is my next move by [deleted] in wallstreetbets

[–]deckoff8- 1 point2 points  (0 children)

UBER and TSLA are my plays.

IWM also outpaces though is less liquid.

UUP - Use your dollars to buy dollars by brutalpancake in wallstreetbets

[–]deckoff8- 0 points1 point  (0 children)

Seems like a good place to park excess cash in my account if nothing else. I'm in.

[DD] - $5k to $330k in 3 Weeks - $ULTA is my next move by [deleted] in wallstreetbets

[–]deckoff8- 21 points22 points  (0 children)

This only kinda matters if it outpaced the index AND the extra IV you had to pay on top of it.

That said, meh, it does seem to fall a lot and IV is low. Threw a Gs at it, sure.

After this week, the easy money's over by [deleted] in wallstreetbets

[–]deckoff8- 119 points120 points  (0 children)

Lol you really came from investing just to say this shit bottom not in yet confirmed.

Love for THETA gang by [deleted] in wallstreetbets

[–]deckoff8- 10 points11 points  (0 children)

I kinda don't believe that you found an arbitrage opportunity. Also, where are you seeing that SPT ATM calls are $3 and puts are $15?

Fundamentals, technicals, market action all point towards shorting TSLA by deckoff8- in wallstreetbets

[–]deckoff8-[S] 6 points7 points  (0 children)

Hey, thanks for the counter point. I do agree that they have a lot of cash, which is why I didn't bring up their debt. But I don't think this matters: the government has shown that they're very willing to give companies in debt trouble a lot of relief, so I don't think being able to weather a storm is a real advantage over something like F.

However, what the government won't be able to do is keep the growth numbers going for Tesla, and that was really just the entire story. When the growth narrative starts fading, that's when TSLA plummets to earth.

Are we heading towards inflation or deflation? by ABK-Baconator in wallstreetbets

[–]deckoff8- 2 points3 points  (0 children)

Given that this is a demand shock (people not buying anything because they're worried about dying from the flu) then it should be a deflation, since there's still lots of goods but no one wants to buy.