Will the markets sell off after November 7, 2006?

Will the markets sell off after November 7, 2006?

  • Yes

    Votes: 46 48.4%

  • No

    Votes: 49 51.6%
  • Total voters
    95
  • Poll closed .
It is this diversity of opinions that makes a market. If you think the market will dive after the elections than go short, if you think the election news will rally the market go long, as long as it is part of your normal trading pattern to predicate market reaction on political events. I am more comfortable sticking with indicators myself.

It is true that past events are not predictors of future events, but it would be interesting to see how markets do in mid-term elections. Like maverick I too have been doing this for a while. I haven't done my research but I believe that the 90's rally didn't really take off until after the Republicans took the house (an maybe the senate.. not so sure on that), during a Clinton midterm.

American's love split government and so do the markets. With all that infighting and stalling and posturing nothing gets done. No new spending, impeachments,we are going back to the good old days.

Happy trading
 
Quote from lionfish42:

Sorry for the Snip - just wanted to get to the meat.

So here's the rub - Volatility. As I mentioned to Mavrick a while back that .........

......get below 10 and the ISEE touch 200 I am going to get A$$ OUT short deltas (soft of course).
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A very well thought out and presented post lionfish42. Two questions..

1.your first post yet you say that "as I mentioned to Mav a while back"??? do you know him personally or were you someone else in another incarnation here on ET ????? :p

2..if either you or Mav or Momoney or someone else would be so kind to say what you mean by "soft" deltas? (the underlying?)

Thank you, RR
 
Quote from RichardRimes:

A very well thought out and presented post lionfish42. Two questions..

1.your first post yet you say that "as I mentioned to Mav a while back"??? do you know him personally or were you someone else in another incarnation here on ET ????? :p

2..if either you or Mav or Momoney or someone else would be so kind to say what you mean by "soft" deltas? (the underlying?)

Thank you, RR
More...

Lionfish is a friend of mine. He is a first time poster, so be nice. And don't hold it against him that he is a friend of mine. LOL.

Soft deltas are OTM options. Hard deltas are ATM and ITM options and the underlying. Soft deltas are all juice and only exist as a function of time. Hard deltas are real, very real.
 
Quote from Maverick74:

Lionfish is a friend of mine. He is a first time poster, so be nice. And don't hold it against him that he is a friend of mine. LOL.

Soft deltas are OTM options. Hard deltas are ATM and ITM options and the underlying. Soft deltas are all juice and only exist as a function of time. Hard deltas are real, very real.
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Thanks Mav and I'll try to keep it civil...I promise! :D
 
My advise is to wait, just sit back and wait. Now if your a gambler and like trying your luck then trade from the long side. Dont try and pick the top all you are doing is helping the rally when your stop gets hit.

Sit back be a professional and wait for a correction, then lets see how the correction behaves.
 
Quote from RichardRimes:

2..if either you or Mav or Momoney or someone else would be so kind to say what you mean by "soft" deltas? (the underlying?)
More...

Doh! You caught me. Yes I do read these market prediction threads with their endless drivel....it's an addiction.

[EDIT: I see Maverick has already answered]
 
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