What If a Nuke Goes Off in America?

[LongShot]

Quote from candletrader:

If you are long, close position at market and immediately reverse to go short, and make your loss back and some... there is certainly good money to be made off a nuke going off in America, assuming you are not one of the people who was just nuked (and are therefore incapable of trading) and also assuming the futures exchange and/or internet backbone wasn't taken out by the nuke...

BRILLIANT! THIS GUY IS A GENIUS! GONNA WRITE THIS DOWN!! BRILLIANT!! NOW LETS SEE HOW DOES THIS GO ...CLOSE LONG GO SHORT..IF I AM NOT DEAD..IS THAT RIGHT??

 

[daniel_m]

Quote from qdz:

My suggestion, do NOT try to capilalize on disasters, either natural or social. However, hedge your positions against such events.

Otherwise, you will be regreted.

no, there's no guarantee that people will regret him...

 

[daniel_m]

Quote from ElCubano:

If a nuke goes off in the USA, losing your money or not making should be the last thing on your mind......peace

why?

 

[daniel_m]

Quote from LongShot:



NOW LETS SEE HOW DOES THIS GO ...CLOSE LONG GO SHORT..IF I AM NOT DEAD..IS THAT RIGHT??

hmm, you know, i think you may be getting close...

lemme think about it some more and i'll get back to you...

(but you're definitely onto something here....)

 

[ElCubano]

Quote from daniel_m:



why?

Cmon, Danny .......Real World, think Real world.....I know deep down inside that armor of yours; you have a heart. I think the day a nuke goes off In the USA all hell will break lose,,,what comes after that is anyones guess, but it will not be pretty......Life as we know it will change forever....and I mean really change...I dont know how much risk you take when in a position, but if an event like this doesnt wipe me out of the planet,,,,Only losing most of my equity would be a gift from GOD.....peace and congrats on the FFL, but I am closing in on you in FBL...so watch out

 

[Colonel_Blood]

Sammybea

How would you take insurance out overnight?

To me there's only 2 ways, cover all of your position or part of it or buy some calls/puts.

If you do the first then you don't really have a position at all.

If you do the second then the cost of doing business will eat you alive.

To me people tend to think that the risks of holding positions overnight are high, they're not over a period of time.

 

[bobcathy1]

If a nuke goes off.

Put your hands behind your head.
Your head behind your knees.
And kiss your ass goodbye.

 

[dgabriel]

If a nuke goes off in the USA, short Islamic Jihad, Inc.

 

[wally_]

Because it would probably change the weather here for worse...

 

[axeman]

I often wonder about Swing traders and 9/11.
Did they all get hammered?
Did the smart ones hold onto their longs knowing
it was an overreaction and got their money back?
Did the smart ones cut their losses quick?

Or do swing traders attempt to have their longs balanced
by an equal number of shorts so big events have little effect?

I think that would be the way to go if you have enough
trades to choose from to keep you in balance.

peace

axeman