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Heck wrote:Corona market mass hysteria ?
First case reported 1 Dec 2019, 96 days ago, enough time for COVID-19 to go around world on airlines unprotected until 31 Jan 2020
600,000 people a year die of seasonal flu globally and nobody says boo
3,383 COVID-19 global deaths, mostly immune impaired, prior heart and lung disease
14 COVID-19 deaths in USA, 9 in WA nursing home and mockingbird monopoly media go crazy
Trading accordingly
Long and strong
'People in crowds go mad all at once
Regain their sense one by one'
Charles MacKay, Extraordinary Popular Delusions & the Madness of Crowds
Nothing to fear
But fear itself
This is spot on.Fieldydwb wrote:Heck wrote:Corona market mass hysteria ?
First case reported 1 Dec 2019, 96 days ago, enough time for COVID-19 to go around world on airlines unprotected until 31 Jan 2020
600,000 people a year die of seasonal flu globally and nobody says boo
3,383 COVID-19 global deaths, mostly immune impaired, prior heart and lung disease
14 COVID-19 deaths in USA, 9 in WA nursing home and mockingbird monopoly media go crazy
Trading accordingly
Long and strong
'People in crowds go mad all at once
Regain their sense one by one'
Charles MacKay, Extraordinary Popular Delusions & the Madness of Crowds
Nothing to fear
But fear itself
One has to be careful to compare this to the flu. The % requiring intensive care, the mortality rates and the asymptomatic spreading is why it's different. The only similarity to a flu is that they are both viruses. One has vaccinations the other does not.. It is and will become a massive burden on the system and if unchecked it'll spread across the US with a 10-15% of population requiring intensive care. I don't wanna go into intensive care at those odds, most others won't either. This is what will cause economic effects. It'll and has created fear. One has to be careful for searching news out that confirms a bias. Confirmation bias is a dangerous thing in trading. Such confusing times and being diligent is the key.