Reply to: DimPrawn's trading thread

[AtW]

[scooterscot]

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[wattaj]

Is your local one open??

Don't look too closely at the facts. Look over there... shiny, shiny!

[ladymuck]

I blew all my profit at Greggs. Tasty though; can't complain.

Is your local one open??

[wattaj]

Dim look - profits!

41p !!!

I blew all my profit at Greggs. Tasty though; can't complain.

[scooterscot]

Dim look - profits!

41p !!!

[scooterscot]

I think this thread has been well and truly hijacked.

Anyways, I should have kept the short on WTI OIL open, the price has fallen hard today. Never mind, tulip happens.

Waiting for the S&P to fall, it's hanging there reluctant to do anything today.

It's only a loss when you make it a loss.

[BlasterBates]

A good day on the markets, the DAX is up 3 percent. Each percentage point counts.

[jamesbrown]

Is it even possible to enforce social distancing in a half capacity pub? I suspect not. My clinentco canteen is still open with chairs removed to keep them all 2m away from each other. Big yellow signs everywhere advising people etc. Yet still people move chairs around so they can sit 4 or 6 to a table like they used to. And this is in the national HQ of the health service...

I think we're going to see a lot of tweaking of restrictions. Maybe coffee shops and restaurants will open but there will be no alcohol sales and they will have to be closed at 9. Cinemas may open and then close again. All the measures will be treated as levers to keep the spread under control. IMO of course.

Right, lots of trial and error.

And confusion about what is being trialed and what is being error-ed. If you thought there were mixed messages until now...

And many companies going to the wall even after the formal lockdown has ended.

[jamesbrown]

I think this thread has been well and truly hijacked.

Anyways, I should have kept the short on WTI OIL open, the price has fallen hard today. Never mind, tulip happens.

Waiting for the S&P to fall, it's hanging there reluctant to do anything today.

Hey, we're talking about the viability of pubs to preempt scootie's contrarian "all-in" on hipster doofus craft beer

[Old Greg]

I think the main difference is that lockdown measures prevent activities, while social distancing measures merely thin ongoing activities. Obviously, social distancing measures are imposed during lockdown too for "allowed" activities, like shopping.

It's going to be interesting to see what activities remain viable. Are airlines viable at, say, 2/3rds capacity? Are pubs viable at, say, half capacity? Many businesses are screwed for the long-term, absent ongoing gov't help (which will probably be offered, at least to some degree).

Is it even possible to enforce social distancing in a half capacity pub? I suspect not. My clinentco canteen is still open with chairs removed to keep them all 2m away from each other. Big yellow signs everywhere advising people etc. Yet still people move chairs around so they can sit 4 or 6 to a table like they used to. And this is in the national HQ of the health service...

I think we're going to see a lot of tweaking of restrictions. Maybe coffee shops and restaurants will open but there will be no alcohol sales and they will have to be closed at 9. Cinemas may open and then close again. All the measures will be treated as levers to keep the spread under control. IMO of course.

[DimPrawn]

I think this thread has been well and truly hijacked.

Anyways, I should have kept the short on WTI OIL open, the price has fallen hard today. Never mind, tulip happens.

Waiting for the S&P to fall, it's hanging there reluctant to do anything today.

[jamesbrown]

I'm not so sure about this. Social distancing rules will prevent many businesses from opening for a long time. I don't expect pubs to reopen by the end of summer. Not sure about discretionary international travel for holidays. It's hard to see what is going to change in terms of the spread of the disease to make everything reopen.

I think the main difference is that lockdown measures prevent activities, while social distancing measures merely thin ongoing activities. Obviously, social distancing measures are imposed during lockdown too for "allowed" activities, like shopping.

It's going to be interesting to see what activities remain viable. Are airlines viable at, say, 2/3rds capacity? Are pubs viable at, say, half capacity? Many businesses are screwed for the long-term, absent ongoing gov't help (which will probably be offered, at least to some degree).

[BlasterBates]

I'm not so sure about this. Social distancing rules will prevent many businesses from opening for a long time. I don't expect pubs to reopen by the end of summer. Not sure about discretionary international travel for holidays. It's hard to see what is going to change in terms of the spread of the disease to make everything reopen.

They'll have to adapt or go and work on a fruit farm.

[BlasterBates]

Basically agree with you, although I think social distancing will continue to make a large fraction of retail and hospitality non-viable for many months to come. But it's category different than a lockdown.

Yes I would agree with that, the economy will be different. Online entertainment will boom