You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
The Brexit Trade...
- Thread starter lindq
- Start date
The market should go down for a few days here. Tomorrow would be a bit early to commit cash. No August 24 opening here. You need margin selling to get a repeat of the August 24 opening. You're not going to get margin selling when the starting point is a few points from an all-time high on the S&P.Futures down 450 points
2.5%++++
I would go long with any 500+ point drop however maybe we get one of those August 24th openings....
Good going. Maybe just sell half and let the rest ride a few days. I expect the downward pressure to persist a few days. There is no catalyst for the market right now...Minus 550
Whewwwww.....I hope this volatility goes through the night....selling DXD first thing at pre market
I'm amazed at what is going on. It's not like come Monday the Brits are out of the EU. What this vote does is push forward an application to the EU for withdrawal upon which the Brits and the EU will then have a 2 year window to negotiate terms to try and keep the Brits in the union.
Good going. Maybe just sell half and let the rest ride a few days. I expect the downward pressure to persist a few days. There is no catalyst for the market right now...
I always think that about there be no catalyst and out of no where the markets gap up 5%%%%
Any gap down and the bulls will be riding it back up....they want new highs and will probably get it....this will be another buying opportunity... Rinse and repeat....
You and everybody else, lol. The bookies had "leave" at 12-1 late this afternoon. Now it's 11-8. Whoever took the 12-1 is feeling pretty good right now. "Leave" is in the lead, but the London votes are just coming in, and they are expected to vote "stay". Will be very close...I might have to admit I'm wrong about this BREXIT situation.... I thought they were going to stay but it looks like now they might be leaving...
I'm amazed at what is going on. It's not like come Monday the Brits are out of the EU. What this vote does is push forward an application to the EU for withdrawal upon which the Brits and the EU will then have a 2 year window to negotiate terms to try and keep the Brits in the union.
Thanks for that info...which means they aren't leaving...2 years to negotiate.... It should be 2 days..... 2 years is a joke.
You and everybody else, lol. The bookies had "leave" at 12-1 late this afternoon. Now it's 11-8. Whoever took the 12-1 is feeling pretty good right now. "Leave" is in the lead, but the London votes are just coming in, and they are expected to vote "stay". Will be very close...
So I'm still sticking with my original prediction that they are staying....futures will surge from -550 to +300....an 800+ move once the votes pour in that Britain is staying.