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PostPosted: Fri Mar 20, 2020 11:53 am 
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Antarctica wrote:
They do the cattle call because it gets people to hurry up and sit down. Same reason they allow two free checked bags, its just way faster to not have people fumbling around with the bins. Operationally they are almost second to none, these little things they do are why I like them so much.
When I flew Southwest the bins were still full on full flights. I also didn't notice a major time savings from how they board and a few times there was a late arriving family that forced people to be guilted into switching.

Delta is a far more enjoyable flight experience.

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PostPosted: Fri Mar 20, 2020 11:57 am 
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Boilermaker Rick wrote:
Antarctica wrote:
They do the cattle call because it gets people to hurry up and sit down. Same reason they allow two free checked bags, its just way faster to not have people fumbling around with the bins. Operationally they are almost second to none, these little things they do are why I like them so much.
When I flew Southwest the bins were still full on full flights. I also didn't notice a major time savings from how they board and a few times there was a late arriving family that forced people to be guilted into switching.

Delta is a far more enjoyable flight experience.

This is an issue pervasive to American carriers because all the gates are served with jetbridges and you cant do express bags. I would like to see an airline just scrap the overhead bins entirely and make people check their bags, the carry-on thing has gotten way out of control.


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PostPosted: Fri Mar 20, 2020 12:37 pm 
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Where is the bottom? I got out to money markets down about 8% on the year in my 401k. When do you think it’s time to move back?

I can’t imagine there can be a sustainable rally until q1 begins to report and everyone can see how decimating this is to bottom lines.


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PostPosted: Fri Mar 20, 2020 12:53 pm 
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denisdman wrote:
Like all airlines, they are much better for people with status. I have friends that only use Southwest, but they always get first pick of the seats and have stacks of free drink tickets.

Their point to point flying is annoying. I prefer AA especially for business. On leisure trips, Southwest is fun.
What do you mean by point to point?

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PostPosted: Fri Mar 20, 2020 12:55 pm 
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Zippy-The-Pinhead wrote:
denisdman wrote:
Like all airlines, they are much better for people with status. I have friends that only use Southwest, but they always get first pick of the seats and have stacks of free drink tickets.

Their point to point flying is annoying. I prefer AA especially for business. On leisure trips, Southwest is fun.
What do you mean by point to point?


There are generally less direct flights with Southwest. The other three are true hub and spoke models. So when flying out of major cities, you are almost always going direct.

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PostPosted: Fri Mar 20, 2020 12:58 pm 
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TurdFerguson wrote:
Where is the bottom? I got out to money markets down about 8% on the year in my 401k. When do you think it’s time to move back?

I can’t imagine there can be a sustainable rally until q1 begins to report and everyone can see how decimating this is to bottom lines.


Dollar cost average back in. Take whatever you have in cash, and start buying in regular increments in even dollar amounts. I recommend getting back in over the next six months, so maybe purchase in 1/12 or so increments every two weeks.

If you are really scared, average back in once a month for the next 12 months. In ten years, you will be very happy to be buying in at these prices.

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PostPosted: Fri Mar 20, 2020 1:05 pm 
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I've been hearing rumors that Ronin Capital, a large Chicago trading firm, has blown out and is seeking someone to take on their positions.

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PostPosted: Fri Mar 20, 2020 1:06 pm 
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Jaw Breaker wrote:
I've been hearing rumors that Ronin Capital, a large Chicago trading firm, has blown out and is seeking someone to take on their positions.


Is that one of those HFT firms that trades its own money.

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PostPosted: Fri Mar 20, 2020 1:06 pm 
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denisdman wrote:
Jaw Breaker wrote:
I've been hearing rumors that Ronin Capital, a large Chicago trading firm, has blown out and is seeking someone to take on their positions.


Is that one of those HFT firms that trades its own money.


Yes

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PostPosted: Fri Mar 20, 2020 1:07 pm 
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denisdman wrote:
Zippy-The-Pinhead wrote:
denisdman wrote:
Like all airlines, they are much better for people with status. I have friends that only use Southwest, but they always get first pick of the seats and have stacks of free drink tickets.

Their point to point flying is annoying. I prefer AA especially for business. On leisure trips, Southwest is fun.
What do you mean by point to point?


There are generally less direct flights with Southwest. The other three are true hub and spoke models. So when flying out of major cities, you are almost always going direct.
That was certainly true many years ago but I don't think that's really the case any more. If you are flying out of one of their hubs (like MDW) they offer non-stops to most of their U.S. destinations.

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PostPosted: Fri Mar 20, 2020 1:30 pm 
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Zippy-The-Pinhead wrote:
denisdman wrote:
Zippy-The-Pinhead wrote:
denisdman wrote:
Like all airlines, they are much better for people with status. I have friends that only use Southwest, but they always get first pick of the seats and have stacks of free drink tickets.

Their point to point flying is annoying. I prefer AA especially for business. On leisure trips, Southwest is fun.
What do you mean by point to point?


There are generally less direct flights with Southwest. The other three are true hub and spoke models. So when flying out of major cities, you are almost always going direct.
That was certainly true many years ago but I don't think that's really the case any more. If you are flying out of one of their hubs (like MDW) they offer non-stops to most of their U.S. destinations.


I couldn’t get direct Boston Logan to Vegas. Just checked, and you still can’t.

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PostPosted: Fri Mar 20, 2020 1:54 pm 
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Jaw Breaker wrote:
denisdman wrote:
Jaw Breaker wrote:
I've been hearing rumors that Ronin Capital, a large Chicago trading firm, has blown out and is seeking someone to take on their positions.


Is that one of those HFT firms that trades its own money.


Yes


Good call. Live on CNBC now. Their portfolio was liquidated today. No outside clients. They were playing the VIX.

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PostPosted: Fri Mar 20, 2020 1:59 pm 
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denisdman wrote:
TurdFerguson wrote:
Where is the bottom? I got out to money markets down about 8% on the year in my 401k. When do you think it’s time to move back?

I can’t imagine there can be a sustainable rally until q1 begins to report and everyone can see how decimating this is to bottom lines.


Dollar cost average back in. Take whatever you have in cash, and start buying in regular increments in even dollar amounts. I recommend getting back in over the next six months, so maybe purchase in 1/12 or so increments every two weeks.

If you are really scared, average back in once a month for the next 12 months. In ten years, you will be very happy to be buying in at these prices.


That’s a good call. I tend to think all or nothing.


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PostPosted: Fri Mar 20, 2020 2:05 pm 
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Dow is tanking again and nearing 19,000.

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PostPosted: Fri Mar 20, 2020 2:05 pm 
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denisdman wrote:
Zippy-The-Pinhead wrote:
denisdman wrote:
Zippy-The-Pinhead wrote:
denisdman wrote:
Like all airlines, they are much better for people with status. I have friends that only use Southwest, but they always get first pick of the seats and have stacks of free drink tickets.

Their point to point flying is annoying. I prefer AA especially for business. On leisure trips, Southwest is fun.
What do you mean by point to point?


There are generally less direct flights with Southwest. The other three are true hub and spoke models. So when flying out of major cities, you are almost always going direct.
That was certainly true many years ago but I don't think that's really the case any more. If you are flying out of one of their hubs (like MDW) they offer non-stops to most of their U.S. destinations.


I couldn’t get direct Boston Logan to Vegas. Just checked, and you still can’t.
You can't get a non-stop on United or American on that route either.

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PostPosted: Fri Mar 20, 2020 2:10 pm 
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What this crisis is showing is that your paper/electronic assets aren't worth anything.

The market is done.


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PostPosted: Fri Mar 20, 2020 2:16 pm 
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Terry's Peeps wrote:
Dow is tanking again and nearing 19,000.


I pulled a bunch of cash out this morning. Of course, it probably won't matter since the U.S. dollar will likely be going the way of the Weimar mark. Thank God I have some Bitcoin.

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PostPosted: Fri Mar 20, 2020 2:19 pm 
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Terry's Peeps wrote:
Dow is tanking again and nearing 19,000.

Just been refreshing the browser for the last hour. It's been an impressive dive. If you're in to dives that is.


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PostPosted: Fri Mar 20, 2020 2:22 pm 
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Nobody wants to be holding the bag when the whole world might change over the next two days.

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PostPosted: Fri Mar 20, 2020 2:22 pm 
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I'm Captain of the stock market ship. Last one off. Will watch the big mouth bulls bail out.

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PostPosted: Fri Mar 20, 2020 2:24 pm 
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Hey an uptick. Wooohooo


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PostPosted: Fri Mar 20, 2020 2:25 pm 
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Joe Orr Road Rod wrote:
Terry's Peeps wrote:
Dow is tanking again and nearing 19,000.


I pulled a bunch of cash out this morning. Of course, it probably won't matter since the U.S. dollar will likely be going the way of the Weimar mark. Thank God I have some Bitcoin.

New York (CNN Business)
Even though the novel coronavirus has the United States essentially in lockdown mode, the American dollar continues to be viewed as the world's safest and most stable currency. The value of the greenback is surging, up more than 7% against a basket of other currencies -- such as the euro, British pound and Swiss franc -- since hitting the lowest point of 2020 on March 9.

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PostPosted: Fri Mar 20, 2020 2:26 pm 
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Joe Orr Road Rod wrote:
Nobody wants to be holding the bag when the whole world might change over the next two days.


SpiralStairs is now owner of all stocks worldwide.

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PostPosted: Fri Mar 20, 2020 2:27 pm 
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SpiralStairs wrote:
Joe Orr Road Rod wrote:
Nobody wants to be holding the bag when the whole world might change over the next two days.


SpiralStairs is now owner of all stocks worldwide.


They're all covered in jizz.

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PostPosted: Fri Mar 20, 2020 2:30 pm 
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Terry's Peeps wrote:
SpiralStairs wrote:
Joe Orr Road Rod wrote:
Nobody wants to be holding the bag when the whole world might change over the next two days.


SpiralStairs is now owner of all stocks worldwide.


They're all covered in jizz.


Now they're even more valuable!

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PostPosted: Fri Mar 20, 2020 2:30 pm 
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Zippy-The-Pinhead wrote:
Joe Orr Road Rod wrote:
Terry's Peeps wrote:
Dow is tanking again and nearing 19,000.


I pulled a bunch of cash out this morning. Of course, it probably won't matter since the U.S. dollar will likely be going the way of the Weimar mark. Thank God I have some Bitcoin.

New York (CNN Business)
Even though the novel coronavirus has the United States essentially in lockdown mode, the American dollar continues to be viewed as the world's safest and most stable currency. The value of the greenback is surging, up more than 7% against a basket of other currencies -- such as the euro, British pound and Swiss franc -- since hitting the lowest point of 2020 on March 9.



That's good, but we haven't bailed everyone out yet.

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PostPosted: Fri Mar 20, 2020 2:32 pm 
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SpiralStairs wrote:
Terry's Peeps wrote:
SpiralStairs wrote:
Joe Orr Road Rod wrote:
Nobody wants to be holding the bag when the whole world might change over the next two days.


SpiralStairs is now owner of all stocks worldwide.


They're all covered in jizz.


Now they're even more valuable!



What did you want to happen with all that jizz now that the peep shows are all closed?

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PostPosted: Fri Mar 20, 2020 2:36 pm 
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Joe Orr Road Rod wrote:
SpiralStairs wrote:
Terry's Peeps wrote:
SpiralStairs wrote:
Joe Orr Road Rod wrote:
Nobody wants to be holding the bag when the whole world might change over the next two days.


SpiralStairs is now owner of all stocks worldwide.


They're all covered in jizz.


Now they're even more valuable!



What did you want to happen with all that jizz now that the peep shows are all closed?


I hope it gets into the right people's hands. Or failing that, people's right hands.

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PostPosted: Fri Mar 20, 2020 2:42 pm 
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Dollar cost averaging in a market that's falling off a cliff like this I don't know. I did it '99 and it's so devastating to see your new money, and company matches you busted your ass for tank. I think this market will have a more obvious bottom to shoot for than past bear markets for that you won't have to nail for reentry perfectly because it will be hugely off the high.


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PostPosted: Sat Mar 21, 2020 5:23 pm 
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The airlines are starting to freak out.


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