Oddly enough, in the midst of all this and Covid, the markets have established new highs.Originally Posted by TGS
Oddly enough, in the midst of all this and Covid, the markets have established new highs.
There's nothing civil about this war.
In the vein of dumping Facebook, this guy was doxxed in a case of mistaken identity over the bike rider who attacked the kids hanging BLM posters on the biking trail.
He used an app that shared records of his location with “friends”, but didn’t realize the info was visible to all. In asking the public for help IDing the subject, the police accidentally tweeted the wrong date that the incident occurred, which matched the guy’s bike ride location for that day.
They followed with a tweet with the correct date, but it was mostly ignored, and the original (wrong) tweet had already gotten traction with the mob.
http://nymag.com/intelligencer/2020/...bike-ride.html
Makes one wonder doesn't it? I thought for sure I was going to see a 30-40% loss in my retirement fund for a good while but it's right back up there where it was before coivd and the protests. I'm thinking that a lot of people were out of the market fearing a crash. We've just had one of the best buying opportunities in about a decade. Personally, I'm not convinced that we won't have record high unemployment thru the rest of the year because of the virus. Weather the market reacts to that who knows. Also we have an election coming up and if dems prosper, which I think they will after these protests, the market could easily collapse. I'm actually betting on that happening.
In the P-F basket of deplorables.
This is in my local area (although I haven't been on that particular trail for a while) and since I'm a cyclist, I watched this unfold. This was also just outside of DC.
There were actually two people that were incorrectly identified, not just one. The other guy was a mid-50s retired cop. For the short time when the Twitter mob thought it was the retired cop, there were calls to do a mass ride to his house to send a message, and they were all excited because a retired cop fit their narrative so well. in the end, the Twitter sleuths mis-identified two men, and correctly identified zero men. The real guy was found because a neighbor tipped off the police about their bike-riding neighbor. It was a bit disturbing to see the local bike community work themselves into a frenzy over this.
The app they most likely used was Strava. It's like Facebook for athletes. I use it, and my friends and I follow each other on it. I've never done it, but I don't think it would be too hard to do some sleuthing and find people.
I don’t know. It’s pretty mild for the times, frankly — but it’s a good reminder that there have only been two perfect people in history.
Ignore Alien Orders
Amazing how that's dominating the news outlets!!
https://news.yahoo.com/thousands-pay...200508348.html
Is it clear now that a lot of our fellow Americans don't live in reality? Floyd was a drug addicted pornstar lifelong criminal, people are out here mourning like he was a 9/11 firefighter or something.Thousands of mourners wearing protective masks and gloves waited in line for hours outside a megachurch in Houston on Monday to pay their last respects at the final public memorial for George Floyd, an unarmed black man whose killing sparked global protests over racial injustice and police brutality.
A great quote, courtesy of Joe Rogan’s podcast:
“The stock market is a graph of rich people’s feelings.”
All this bullshit in the first half of 2020, and the top percenters are making money.
#thingsthatmakeyougohmmm
It's nothing more than confirmation that we've seen the death of critical thinking in this country; this is just patting/smoothing the dirt atop its grave.
''Politics is for the present, but an equation is for eternity.'' ―Albert Einstein
Full disclosure per the Pistol-Forum CoC: I am the author of Quantitative Ammunition Selection.
As long as you do not take the loss (sell during the market 'low'), it'll eventually (usually) return as quickly as it dipped. The real trick is to always have a little 'dry powder' (cash, say, in an attached money market) so you can buy on the way down. Index Funds are your friend; you own the whole market. I owe my early retirement to this very investment strategy. I've been 'out' 15 years now and the extra effort was well worth it given the state of the law enforcement profession today. *phew*
Your thinking is right; it's called a ''buying opportunity''. I hope that you make a $106.
Last edited by the Schwartz; 06-08-2020 at 08:15 PM.
''Politics is for the present, but an equation is for eternity.'' ―Albert Einstein
Full disclosure per the Pistol-Forum CoC: I am the author of Quantitative Ammunition Selection.
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