Don't take my word for it, this comes from a specialist in the world of infectious desease, Toronto, Canada. Quoted:
"The critical differences between SARS and Ebola make the Ebola virus much less threatening, Khan says.
The major city affected by the Ebola outbreak is Conakry, Guinea, home to about a million people and an international airport. But it's not a central hub, like Hong Kong International Airport or Chicago O'Hare.
"The volume of travel in the Conakry airport is low," Khan says. "Most of the flights are local. But 10 percent of the traffic goes to Paris." That would make Paris the likeliest place for Ebola to arrive."
Tust me when I say this, THIS IS A VERY VERY EYE-OPENING FACT THAT THE MEDIA HAS NOT PICKED UP ON AS OF TODAY. MAKE THIS NEWS YOUR ASSET AND YOU'LL MAKE ALOT OF MONEY FROM IT. Let it scare you and you will make some horrendous mistakes with your investments. Just a little note from the whisperer. Thought you all could benefit from this. I'm still short into Monday but getting less short come Monday at 9:00 am EST. Earnings are going to be blockbuster from the banks and from the other major fortune 500 companies. Be aware of this and you can catch a real nice gain if you play your cards right on Monday morning.
They have it contained foks. And if anything, they're going way further than what they would need to for making sure it's contained. The odds of an outbreak in the U.S. is so mi-nute! ""The chance of Ebola spreading out of West Africa is very, very low," says infectious disease specialist Kamran Khan, with St. Michael's Hospital in Toronto. "But if it did spread, Paris is probably the first city on the list." And, as we know so far, it hasn't even touched Paris. So the histarics in the press and media go on, but reality is laughing at the media. Why do the talking heads in the media ALWAYS get EVERYTHING SO DEAD WRONG!!? ANSWER: BECAUSE THE BIGGER THE LIE AND THE BIGGER THE SCARE, THE MORE THEY SELL THEIR MEDIA. It's just that simple.
The China data is a real mind blower. Who saw this coming? Up 15% on trade data, this is a real surprise. Have to admit that I am now rethinking my short exposure that I put on Friday. Hope this bear isn't going to get bear trapped. Keep leaning on the sell buttons China and Europe!! Just ignore this data, it's nothing to take serious.
Blow Out Trade Numbers Just Hit the Wire out of China ... UP HUGE from expected in September. This is a really positive surprise when all were thinking China was deteriorating. They're growth has picked up materially from prior month. HOLY COW!!
I'm expecting whosh down at the open and then setting up for bounce into bank earnings tuesday morning. i am so short right now and ready to cover into the lower print on monday because i have close friends and family who tell me banking sector is going to blow out their earnings.
WHY ARE THE FUTURES DOWN ONLY 10 POINTS? WHERE'S THE CRASH I WAS EXPECTING TODAY? With the S&P 500 resting right on it's 200 Day Moving Ave. (which has held for 3 1/2 years), Chinese and Europeans would be wise to hold off selling today until US Bank earnings are posted on MOnday and Tuesday (10/13 & 10/12). I'm hearing market shorts are spotting 200 day moving ave. on S&P 500 at 1,906 where we closed Friday. I'm still shorting but watching closely for the 200 day moving average holding Monday, October 13th, just what the media is not expecting.
You nailed it my friend! And, overseas it's 10X worse, hense the small bounce off lows in the U.S. and a 1/10th of US bounce off the lows for Emergin markets and overseas anything.
have a great weekend!
Reits unchange, emerging markets unchanged, russell 2000 barely up ... What bounce?
20 minutes left, seems like a day left into the close, doesn't it? All of the longs holding their breath. As we fade into the sunset.
Every index is sliding at the close to fall just shy of key support Not what we wanted to see into the close. I'm laughing at CNBC's commentary comments in past half hour. All upbeat and emotional. Ditto for their guests. Lot's of complacency. NO FEAR WHATSOEVER. Also, not a good sign. Emergin markets are unchanged on the day. Not a good sign. Could we be mirroring 1987 all over again. Take a look at the 1987 chart for 2 months going into the crash and compare to our current 2 month period leading up to today. It's a stencil of the other.
Now we know why george soros loaded up w/$2.2 billion worth of s&p 500 puts in q3
Should we see the S&P 500 hit the 1,908 level, odds favor forced margin calls driving it down another 10 to 20% . That's how serious this decline is. And, unfortunately for the longs on margin, we have now seen major damage to the technical support levels for all of the major indices. It's like watching a cat on an incline of lynolium flooring. Just can't get the traction it requires to dig in.
As I understand, this is a much greater consern than anyone is aware of. Interesting how CNBC and Bloomberg will only pick up on the forced margin call news after it has knocked the markets like a prize fighter. From the calculations that I have made, the S&P 500 has a real shot at forced margin calls discounting the index to the 1,500 to 1,600 level before the end of the year. That seems like alot but really it's only a 30 to 40% discount. I put the odds are about 75% as of today but that's up from 45% last month.
Oops, news just hit, ebola arrived on sept. 20th, same day us market selloff began. where do i get real-time info. Like that of those tracking ebola coming into the u.s. hmmm, makes you wonder if it was a planned event. let's hope not, right?
WE WERE GOING DOWN ANYWAY, NOW EBOLA LANDS IN AMERICA? OCTOBER STARTS W/A CRASH? Had to get short. Time to hedge.
Now the fed is sitting on their hands in hopium when they need to signal to the markets that they are not raising rates and they are actually considering stepping back on the qe pedal. but they will sit and banter about how they have helped the economy recover, while the market and economy start to roll over. watch the fed come back and be supportive again when the market dives 10 to 20% or more. it's a game for the wealthy. i'm speaking of stocks. the wealthy have contacts that the unwealthy do not have. it's just that simple. i like to think that i have some very reliable contacts. that's why i am 100% in cash. and, all of the fed officials and their relatives are in cash too. i would bet my last dollar on it. don't be fooled with these head fakes, the market is going down. setting the stage for a bounce at much lower prices. stay tuned. i will update this post.
If you are long you are in big trouble. run for cover, it's time for the "dive"
Believe it or not, every broker loves it when they can buy spy with the s&p 500 at 1,958 to 1,965. then selling it to their customers/acct.holders when it tops out on the range at 1,984. and, just doing this over and over until the market commits to it's next direction. whether that's higher/lower. heads your broker wins, tails your broker wins. oh, and they charge you a commission on top of it. now that's a no brainer business, right?
So nice of the wealthy to leave 2 to 5% in the market for those chasing on margin and the unwealthy. if you are wealthy and have piled up gains of 120 to 150% in a few years, wouldn't you takes some or all of that money and wait to see how emergin markets and the fed play their next hand? duh?