Dooms day trade

Discussion in 'Stock Market Today' started by Tom7, Jul 31, 2021.

  1. Tom7

    Tom7 New Member

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    So I know these trades are risky, but I was wondering, if the covid vax turned out to kill mostly everyone who got it, on average after 2 years time, what would happen to the market? Which things would go down the most and what would be the best long term holds? Would SQQQ be a good hold? Or would there even still be a market?
     
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  2. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    That would free up a lot of homes and cars and oil and food and steel and copper. I guess commodities and cyclicals would not be good bets. But there would be massive labor shortages and a wholesale reduction in gross domestic product. Marshall law and labor camps would likely be a way of life for a long time to come. Shorting, especially using leverage, like your suggested SQQQ, would likely be ruled illegal. Capitalism as we know it, could just end.
     
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  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    It's Doomsday, and you think stock brokers are going to hold to their word to give you the money that they hold?
     
  4. ddebrazza

    ddebrazza Active Member

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    Agreed. If this scenario plays out, I would reckon everything would hit rock bottom. Everyone would liquidate within the first 24-hours and anyone who didnt would but stuck holding bags.
     
  5. T0rm3nted

    T0rm3nted Moderator
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    Total anarchy. The wealthy would have all the power and access to whatever they need. Majority of people would struggle to survive. Life as you know it, would cease to exist. The market would no longer matter in the slightest.
     
  6. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Having now read more than a few of your messages, I'm still trying to figure out if you are a bot. Maybe its that you are just a little too agreeable. If you are human, please accept my apologies.
     

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