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Maybe it wasn't the right move, but any equity I had that wasn't in a DRIP plan and wasn't intended for perpetual holding has been liquidated.

But it felt like the right move. Might look into doubling down and buying put options if I can identify any real losers out there before it becomes apparent.

Regardless, with the current news coming out, even if the Wuhan Flu isn't the global hyper-plague some think it is, it seems to me like it is than enough to seriously disrupt supply chains and general commerce/tourism in such a way to force a global recession.

If I were you, I would look towards shorting businesses that would be most immediately affected by quarantines. Think public gathering places, such as chain restaurants/bars, any Mall REITs.

Conversely, grocery store chains and hardware chains might be a good investment, as the masses seek to prep for the worst, although those with large ties to China will certainly have their supply chains interrupted. Smaller, regional chains will be less affected by this than most major national chains.

Lastly, watch companies that make n95 masks and antiretroviral medications. If any of the products they manufacture are made in China, wait for fools to push the price upward, and immediately short them. The Chinese government will seize their means of production if things get bad enough, and plummet the stock price, not to mention disrupted supply chains.

Maybe it wasn't the right move, but any equity I had that wasn't in a DRIP plan and wasn't intended for perpetual holding has been liquidated. But it felt like the right move. Might look into doubling down and buying put options if I can identify any real losers out there before it becomes apparent. Regardless, with the current news coming out, even if the Wuhan Flu isn't the global hyper-plague some think it is, it seems to me like it is than enough to seriously disrupt supply chains and general commerce/tourism in such a way to force a global recession. If I were you, I would look towards shorting businesses that would be most immediately affected by quarantines. Think public gathering places, such as chain restaurants/bars, any Mall REITs. Conversely, grocery store chains and hardware chains might be a good investment, as the masses seek to prep for the worst, although those with large ties to China will certainly have their supply chains interrupted. Smaller, regional chains will be less affected by this than most major national chains. Lastly, watch companies that make n95 masks and antiretroviral medications. If any of the products they manufacture are made in China, wait for fools to push the price upward, and immediately short them. The Chinese government will seize their means of production if things get bad enough, and plummet the stock price, not to mention disrupted supply chains.

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Still seems a bit rash. What if equities jump back up from the dip and you're not holding any? What if they remain high longer than you were comfortable being out of the market?

[–] 1 pt

Oh I also don't really care about money, which helps a lot.

[–] 1 pt

That does help.

[–] 1 pt

I mean, at the end of day, if the market goes a big rally, I don't think it will, I'll miss out it, but I'll still have the cash. No big loss.

If the market crashes, I'll have a big pile of cash to cheap equity with.

I can lose with this move, I just don't think I will.

I'll reevaluate my position on the Ides of March.