DrStool Posted April 1, 2020 Author Report Share Posted April 1, 2020 This is breathtaking. They just hit the 38.2 fibre nocchis pullback. Oy! Link to comment Share on other sites More sharing options...
DrStool Posted April 1, 2020 Author Report Share Posted April 1, 2020 Link to comment Share on other sites More sharing options...
BurntOnce Posted April 1, 2020 Report Share Posted April 1, 2020 this looks bad. largest shale company in the us is bankrupt. "Whiting Petroleum Corp., facing more than a quarter-billion dollar debt maturity, filed for bankruptcy Wednesday" Link to comment Share on other sites More sharing options...
No Einstein Posted April 1, 2020 Report Share Posted April 1, 2020 3 hours ago, sandy beach said: We're going to have another blood bath on Monday. Debt defaults will be widespread. Companies will be offering more shares. And most of that bail-out money will end up in a few accounts in the Cayman Islands. i really believed that with all that they threw at this we would get a bear flag lasting a month...but now i am starting to believe you are correct, we cannot escape the black hole... Scotty to Kirk "Captain, we are at warp 5 and still losing ground...I don't know how long we can hold her together..I can't push her anymore or she will blow"...Kirk to Spock..."any ideas"... Spock " Captain our only viable option now is to reverse course...dive into the black hole..if we are lucky we will enter a new universe, much like Japan in 1990...it will be Hell for 30 years but we may survive and live long and prosper" ME...or we may just die... you called Monday...I think Friday may scare the shit out of them..and then comes MONDAY Link to comment Share on other sites More sharing options...
Jorma Posted April 1, 2020 Report Share Posted April 1, 2020 16 minutes ago, BurntOnce said: this looks bad. largest shale company in the us is bankrupt. "Whiting Petroleum Corp., facing more than a quarter-billion dollar debt maturity, filed for bankruptcy Wednesday" They are all bankrupt but still pumping right up till the last moment. The fracking boom is an even better example than Boeing of stories which encapsulate the entire post GFC period. I see they are going to continue to operate. If that means produce I can't say. Link to comment Share on other sites More sharing options...
sandy beach Posted April 1, 2020 Report Share Posted April 1, 2020 12 minutes ago, No Einstein said: i really believed that with all that they threw at this we would get a bear flag lasting a month...but now i am starting to believe you are correct, we cannot escape the black hole... Scotty to Kirk "Captain, we are at warp 5 and still losing ground...I don't know how long we can hold her together..I can't push her anymore or she will blow"...Kirk to Spock..."any ideas"... Spock " Captain our only viable option now is to reverse course...dive into the black hole..if we are lucky we will enter a new universe, much like Japan in 1990...it will be Hell for 30 years but we may survive and live long and prosper" ME...or we may just die... you called Monday...I think Friday may scare the shit out of them..and then comes MONDAY Everyone get their underpants-helmets on and prepare for a crash landing. Link to comment Share on other sites More sharing options...
Jimi Posted April 1, 2020 Report Share Posted April 1, 2020 BREAKING: Gov. DeSantis announces coordinated plan with Gov. Abbott, Texas, to shut doors of empty barns in both states. Link to comment Share on other sites More sharing options...
sandy beach Posted April 1, 2020 Report Share Posted April 1, 2020 Gentlemen - we've been had! Six trillion spent on hookers and blow! Link to comment Share on other sites More sharing options...
sandy beach Posted April 1, 2020 Report Share Posted April 1, 2020 Have you tried turning the United States off and back on again? Link to comment Share on other sites More sharing options...
sandy beach Posted April 1, 2020 Report Share Posted April 1, 2020 I think the U.S. may have caught a bug. Too soon? Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 1, 2020 Report Share Posted April 1, 2020 9 minutes ago, sandy beach said: Have you tried turning the United States off and back on again? That was a good show...... Link to comment Share on other sites More sharing options...
Jorma Posted April 1, 2020 Report Share Posted April 1, 2020 Just seen on my news ticker. "Economy starved for credit." The hell with that. I'm going back to watching Toni Bau. Link to comment Share on other sites More sharing options...
SiP Posted April 1, 2020 Report Share Posted April 1, 2020 GR8 paper! Evaluating the initial impactofCOVID-19 containment measures on economic activity https://read.oecd-ilibrary.org/view/?ref=126_126496-evgsi2gmqj&title=Evaluating_the_initial_impact_of_COVID-19_containment_measures_on_economic_activity Link to comment Share on other sites More sharing options...
sandy beach Posted April 1, 2020 Report Share Posted April 1, 2020 32 minutes ago, Jorma said: Just seen on my news ticker. "Economy starved for credit." The hell with that. I'm going back to watching Toni Bau. How many bones has this guy broken? Wow! Link to comment Share on other sites More sharing options...
DrStool Posted April 1, 2020 Author Report Share Posted April 1, 2020 Dow down a thousand is the new 1500. Dicsucs. Link to comment Share on other sites More sharing options...
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