Traders overwhelmingly back Romney.

[Max E.]

Sorry, couldnt help myself..... [

Quote from ChkitOut:

oh crap. well, there goes that theory!

 

[Free Thinker]

Quote from tomdavis:

Democrats back the financial transaction tax which will put most traders out of business. I'm no fan of Romney, but I don't want the dems to destroy my trading business.

interesting that gs is up 2.5 points today and the dow is up 175 on the day it looks like the market destroyer is getting reelected.
the market loves obama. he reflects stability.
i would expect that if romney by some miracle won the market would sell hard.

 

[Max E.]

Quote from Free Thinker:

interesting that gs is up 2.5 points today and the dow is up 175

Yeah cause its a huge statistical anomally for the market to be up on election day..... LOL, do you trade?

 

[Grandluxe]

Quote from Max E. Pad:

Yeah cause its a huge statistical anomally for the market to be up on election day..... LOL, do you trade?

He is not a trader.

He thinks just because the market goes up, it is the sole determinant of a trader's PnL.

lol....this is madness.

 

[tomdavis]

Quote from Free Thinker:

interesting that gs is up 2.5 points today and the dow is up 175 on the day it looks like the market destroyer is getting reelected.
the market loves obama. he reflects stability.
i would expect that if romney by some miracle won the market would sell hard.

I never said Obama would destroy the stock market. I said democrats would put individual traders like me out of business.

 

[Free Thinker]

Quote from Grandluxe:

He is not a trader.

He thinks just because the market goes up, it is the sole determinant of a trader's PnL.

lol....this is madness.

it is a determinant of what the market thinks about the likely outcome of the election today. think much?

 

[Free Thinker]

Quote from tomdavis:

I never said Obama would destroy the stock market. I said democrats would put individual traders like me out of business.

presumably gs has a bunch of traders. the market does not seem to concerned about them being hurt by a dem victory.

 

[Pekelo]

Quote from Grandluxe:

Wall Street overwhelmingly backs Romney

And as we know since emg, "95% of traders lose, they just lose."

Nice market rally we got going though...

 

[tomdavis]

Quote from Free Thinker:

presumably gs has a bunch of traders. the market does not seem to concerned about them being hurt by a dem victory.

GS would benefit from the FTT. MM would be exempt, increasing B/A spreads and screwing retail traders, 401ks, etc out of more and more profits for the banks. The ones who will get screwed out of business are individual traders like me. Sounds like you don't understand the trading business or the politics of the FTT.

 

[Free Thinker]

Quote from tomdavis:

GS would benefit from the FTT. MM would be exempt, increasing B/A spreads and screwing retail traders, 401ks, etc out of more and more profits for the banks. The ones who will get screwed out of business are individual traders like me. Sounds like you don't understand the trading business or the politics of the FTT.

doesnt worry me at all but then i dont trade for pennies. in a way it could be good. it would make unprofitable the hft that has killed volitility.