Coronavirus: when do we reach the bottom of the dip?

Ha. That’s where lies the problem. “Force”. No one will ever force anything.
Remember, here the police is not even allowed to fine people for not wearing a mask.

It has started.

or not?

The right moment to shift everything into SPXU again you say? xD

I wish :pray: but doubt.

I am ready! Just sold over 100K worth or RSUs :slight_smile:

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Going cash. SPXU. Are there any other possibilities to hedge for the non-professional? This might become relevant. My way in spring was cash, because I wasn’t in the market. That’s different now…

Lol are we on wallstreetbets here? Guys please.

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I know, I know

But at least the question “Coronavirus: when do we reach the bottom of the dip?” kind of might become more relevant once more. :wink:

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VIX is still around 30 (vs. 80 in March).

Damn! Once again I’m tempted to move my 3A assets to VIAC to play with moving averages. Can’t it just keep moving up?

ETA: Aaaand, I’ve made my calculations and risk assessment again and nope, 3A is still a loosing deal for me. It’s nice getting a shot once in a while. :slight_smile:

Who knows… but I got myself some additional UBS SMIM ETF this morning for my home bias :upside_down_face:

Based on this paper[1] it is possible to estimate the expected deaths based on the reported cases and an assumed bias factor in testing.

Cases are summed up for each age group since the beginning of September based on FHPO data.

The formula log10(IFR) =-3.27 + 0.0524 * age from the paper is used to estimate the IFR. For each age group, the weighted average of each birth year based on the demographic data from FOS[2] is used. The IFR is capped at 30% for ages over 90.

Marin Ackermann, head of the Swiss National Covid Science Task Force estimates the bias to be between 3-4 at the moment[3]. The Bias is assumed to be lower for older people.

If cases begin to fall in the next few days and as fast es they grew, then the estimate for the entire wave doubles. In this case the expected total number of deaths is estimated to be around 4800. Of course, if cases continue to grow, then the estimate will raise with them.

Weaknesses of the estimate:

  • It is assumed, that cases are equally distributed across the age group.
  • The bias is estimated.
  • The IFR of the paper might not be correct

[1] https://www.medrxiv.org/content/10.1101/2020.07.23.20160895v6
[2] https://www.bfs.admin.ch/bfs/en/home/statistics/population/effectif-change/age-marital-status-nationality.assetdetail.13707177.html
[3] https://youtu.be/zsfACHnNRXI?t=2980

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has anyone a nice grap of VT/S&P500 whatever vs. tech? It seems that it’s the Tech sector that helps avoid a collapse. Is it?

Mediterranean flight tickets will pump up today…

All countries removed from Swiss blacklist, except for:

France:
Region Hauts-de-France
Region Île de France
Overseas area French Polynesia

Countries and areas:
Andorra
Armenia
Belgium
Czech Republic

New rule:

The new infections per 100 000 inhabitants over the past 14 days are examined to determine whether a country or an area has an increased risk of infection, If the incidence in a country is at least 60 higher than the incidence in Switzerland , the country will be added to the list.

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Makes totally sense. Why should a country with less cases than Switzerland be a risk country? It would be safer to stay there lol.

What about gyms? Don’t get the new rules.

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Gyms seem to be closed in Kanton of Bern but Yoga Studios aren’t, who knows why…

I’m a proponent of the app but with the number of cases there have been non-technical bottlenecks.

If you are tested positive, you should receive a ”covid code” which you can enter in the app. Getting the code is far from automatic. As far as I know, the codes can only be generated by the responsible Kantonsarzt (or their office etc). In the case of a positive result your doctor or the lab will report it to the Kantonsarzt who should then provide the code.

For whatever reason it can take a long time to receive the code. I know of people who had to wait 7-10 days after the diagnosis to get their code. They even called back to inquire about it and that didn’t help.

I still think the app is useful and hope more people would use it. I’ve looked into the privacy aspects of it and it’s not a concern for me. I’ve even talked with the SwissCovid app developers (plus developers of another contact tracing app from another country).

Admittedly I’m probably more knowledgeable about this domain than the average person and therefore more likely to accept a technical solution like this. Data privacy and cybersecurity are essential to my job and I routinely have to consider them when designing products - often daily.

It’s a complex domain and difficult for the layman to understand. I can see how many people would be suspicious - in general it’s a good position to begin with but a reasonable person is able to change their opinion bases on new information. What I don’t understand is the total and unfounded paranoia of many people, especially here in Switzerland.

In this case there is very little to lose. Knowing the app, I cannot think of a significant downside or risk from using it. I’m talking about the general population who are already using smart phones.

Is this app also compatible with the SwissCovid backend? Can it perform the same workflows? The OS level exposure notifications may be misleading.
Edit: I misunderstood what microG is. It’s actually a platform/OS and not an app. You still need the SwissCovid app and that’s what you also wrote. I misread it while on my phone.

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The SwissCovid app uses the exposure notification API that Google implemented in the play services.

MicroG is an open source replacement for the play services and implements the exposure notification API. So the SwissCovid app should work normally.

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And stocks are taking. Would it be absolutely stupid to take some profits and wait a few weeks now? I know time in the market yada yada but still hurts to see all the profits go poof…

Breaaaaaaath in, Breaaaaaaath out! (No pun intended)