Who is going SHORT or LONG into the election tomorrow?

Quote from AMT4SWA:

Sold additional ES at 1004.50 to bring my trade back to full position size at original 1003.50 entry (added the 33% quantity back to the position).
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Covered 33% of my position (1003.50 entries) at 999.50 .......now holding equal quantities of 1003.50 and 1004.50 entries for remaining held position. My next target will now be set at 994.00 for 17% of my position to profit from any additional selling prior to the close.
 
Quote from spanish89:

Nice trading ATM..


Can i aks if you would be taking the top of this huge oil spike yet??
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If the market sells off at the end of the day you may get a decent drop in oil......that was a reactionary run up in oil today as the oil traders watch the equities rally.
 
I think the market is rallying just on relief that this election is less than 24 hours from being over with a win most likey going to Obama, aside from that I do think that this rally will be sold once the election is over.


I have heard too many people say the market is going to sell off if Obama does win which makes me want to go and buy buy buy, but cannot since I know there really is no other catalyst to push the markets any higher.
 
Quote from spanish89:

Nice trading ATM..


Can i aks if you would be taking the top of this huge oil spike yet??
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Oh, I forgot about the middle east production cut news.....that is a big short term variable.
 
Hope and expectation from NObama are running very high. Does that mean it will be difficult to deliver so much and that disappointment will follow?
 
All I know for sure is, the financial grid takedown/takeover is no where near done yet! Unfortunately!!! :mad:

Plus, todays rally was just too early in the session to trust with SO MANY unknowns hanging in the "chad's" :D
 
Quote from AMT4SWA:

All I know for sure is, the financial grid takedown/takeover is no where near done yet! Unfortunately!!! :mad:
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i guess you look at trends in credit markets to arrive at this "wisdom". or at your conspiracy theories sites?
the fact that some banks will go down does not mean that these bank are going to be material in the big picture...
 
Quote from stock_trad3r:

If Obama win the futures will probably dip 1%, but recover in normal trading.
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this is what you meant yesterday by "Obama is bad for stocks"?
 
Market will go up for a couple of days for the clarity in politics which messed everything up during last 2 months and end of Bush. Volatility will come down but don't see any major rally after that without stimulus plan or major mutual funds buying / M&A activities. May go slightly lower but don't see the testing bottom.
 
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