The Donald Trump, Illegal Alien, Foreigner, Immigrant Bitch and Moan Thread

[ocrenter]

[quote=flu][quote=utcsox]Is the 30-year mortgage rate going to drop to new low?[/quote]

I guess more appropriate question is…When is UK going to introduce negative interest rates, like the Swiss…And more importantly, are we ever going to attempt that here? Lol…

BUT, I think I just found where to go on vacation next…London…Seems like now that the british pound just nose-dived 10-11% overnight, things are looking pretty appealing for the USD, lol…[/quote]

LOL, was having the same convo with the wifey just now!

[ltsddd]

[quote=flu]
UDOW is bad idea right after a drop. The issue we don’t know how irrational the market is going to be on the way down…..[/quote]

nah. big drop during the opening is the golden opportunity to buy….later in the day people will realize that the us equity market is the only safe haven left…they’ll all jump back in.

[zk]

I feel like Bob in the movie Threads when he sees that nuclear war has started:

“Jesus Christ! They’ve done it!”

Not that this is nuclear-war-bad, or anything like that. But Jesus Christ. They’ve done it.

This dents my faith that the American people won’t be stupid enough to vote for drumpf. Mencken’s assertions certainly ring true in England tonight.

I briefly entertained the notion that Americans would see the parallels between voting for Brexit and voting for drumpf, and they would see the folly of Brexit, and therefore the folly of voting for drumpf. I entertained that notion very briefly, and then I laughed at how incredibly stupid that notion was and then I started to drink.

[spdrun]

Haven’t seen “Threads.” Do you mean “The Day After?”

https://www.youtube.com/watch?v=yif-5cKg1Yo&t=3040

[equalizer]

I thought about it, but thought bookies couldn’t be that stupid, so I passed!

Anyway, 10 year futures rate is plunging at 1.5%. Mortgage rates may plunge? You know you need to refi again flu, you cant resist. I’m speed dialing my broker now.

[equalizer]

zk,

Betting markets have Hillary at 1:3 odds, Trump at 3:1 odds. After this vote, that 3:1 seems like a good insurance policy. Drink up!

[Coronita]

[quote=equalizer]I thought about it, but thought bookies couldn’t be that stupid, so I passed!

Anyway, 10 year futures rate is plunging at 1.5%. Mortgage rates may plunge? You know you need to refi again flu, you cant resist. I’m speed dialing my broker now.[/quote]

No, I’m done with primary house v1.0….That said, if rates are going to be close to 1.0% on a 15 year, then it will definitely be a good time to think about primary house v2.0. It would be added bonus if v2.0 only required 5% down 🙂

[Coronita]

http://finance.yahoo.com/q?s=vxx&ql=1

VXX showing a +23% change….lol….

[livinincali]

[quote=ltsdd][quote=moneymaker]Is it time to buy back in? Or should I wait for the real exit?[/quote]

I did sell in May and I am 85% cash. So, yes, I will be moving some of that back into stocks tomorrow.[/quote]

I’d wait a few days. Going to be a bunch of margin calls coming in. People probably gambled too hard on stay.

[SK in CV]

Irrespective of BrExit, today was expected to be the heaviest trading day of the year, as the Russell 2000 rebalances. It has a lot less international exposure than any of the Dow or S&P, and it’s currently down less. It’s possible the ETFs might not fare that well.

[Coronita]

[quote=SK in CV]Irrespective of BrExit, today was expected to be the heaviest trading day of the year, as the Russell 2000 rebalances. It has a lot less international exposure than any of the Dow or S&P, and it’s currently down less. It’s possible the ETFs might not fare that well.[/quote]

You probably are right about this. I bought some UDOW, ATT and Verizon, and GE this morning. Haven’t sold AMD yet…Thinking about it…

[SK in CV]

I don’t do anything with the UDOW, but I did put on wide put spreads on VZ and GE. I’ve had an AT&T position on for a few days, mildly surprised it hasn’t gone ITM.

[zk]

[quote=spdrun]Haven’t seen “Threads.” Do you mean “The Day After?”

https://www.youtube.com/watch?v=yif-5cKg1Yo&t=3040%5B/quote%5D

Threads was a British movie. Here’s a clip. Bob’s line is at 1:47

[Coronita]

It will be interesting to see how today unfolds…I doesn’t look that bad in the U.S. markets.

Well, I can’t stay glued to the monitor today because I’m off to pick up some legoland passes….Going to take today off with the kid and try out the waterpark there and a few other things ….Nice relaxing start of a relaxing weekend. It’s probably the first time in a long time when the market tanks I’m not too concerned about it.

Have a nice weekend folks.

[no_such_reality]

A lot of money is scurrying today. That in turn is vaporizing a lot of money.

Next week, where’s all that scurrying money going to go?

[Author]

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