Home › Forums › Financial Markets/Economics › The Donald Trump, Illegal Alien, Foreigner, Immigrant Bitch and Moan Thread
- This topic has 191 replies, 24 voices, and was last updated 8 years, 7 months ago by
no_such_reality.
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June 23, 2016 at 10:42 PM #799007June 23, 2016 at 10:44 PM #799008
ltsddd
Participant[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.
June 23, 2016 at 11:11 PM #799009zk
ParticipantI 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.
June 23, 2016 at 11:18 PM #799010spdrun
ParticipantHaven’t seen “Threads.” Do you mean “The Day After?”
June 23, 2016 at 11:24 PM #799011equalizer
ParticipantI 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.
June 23, 2016 at 11:27 PM #799012equalizer
Participantzk,
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!
June 24, 2016 at 2:15 AM #799013Coronita
Participant[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 🙂
June 24, 2016 at 2:32 AM #799014Coronita
Participanthttp://finance.yahoo.com/q?s=vxx&ql=1
VXX showing a +23% change….lol….
June 24, 2016 at 6:21 AM #799015livinincali
Participant[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.
June 24, 2016 at 6:46 AM #799016SK in CV
ParticipantIrrespective 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.
June 24, 2016 at 6:56 AM #799017Coronita
Participant[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…
June 24, 2016 at 7:06 AM #799018SK in CV
ParticipantI 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.
June 24, 2016 at 7:40 AM #799019zk
Participant[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
June 24, 2016 at 7:48 AM #799020Coronita
ParticipantIt 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.
June 24, 2016 at 7:48 AM #799021no_such_reality
ParticipantA 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?
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