dow 26000

bacha29

Well-Known Member
Let's see what it closes at its down 7.5% -1899. If it drops 1000 tomorrow then 1000 day after then again more closures more cases. It's 528 confirm cases just imagine when it's 1 million cases and 5% die and I think way more the 1mill getting this they say the contagion rate is high but mortality rate is unknown really it lags behind we won't know until the summer. But they are saying this will be back again
One of the Wall Street banks said this AM that we have to go down another 10% before we hit bottom. The oil patch is where the pain is likely to be the most felt . Marathon Oil despite going X dividend today still had it's price cut nearly in half . Down to 3 bucks a share. Oil companies big and small have a lot of debt and $30 oil ain't going to make the payments. The farther the market falls the longer it's going to take for it to come back.
 

newfie

Well-Known Member
One of the Wall Street banks said this AM that we have to go down another 10% before we hit bottom. The oil patch is where the pain is likely to be the most felt . Marathon Oil despite going X dividend today still had it's price cut nearly in half . Down to 3 bucks a share. Oil companies big and small have a lot of debt and $30 oil ain't going to make the payments. The farther the market falls the longer it's going to take for it to come back.

wonder what big oil will do when everyone is driving electric cars and powering their homes with solar
 
One of the Wall Street banks said this AM that we have to go down another 10% before we hit bottom. The oil patch is where the pain is likely to be the most felt . Marathon Oil despite going X dividend today still had it's price cut nearly in half . Down to 3 bucks a share. Oil companies big and small have a lot of debt and $30 oil ain't going to make the payments. The farther the market falls the longer it's going to take for it to come back.
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