The Donald Trump, Illegal Alien, Foreigner, Immigrant Bitch and Moan Thread

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Submitted by Coronita on June 22, 2016 - 7:13am

Submitted by ltsddd on June 23, 2016 - 10:44pm.

flu wrote:

UDOW is bad idea right after a drop. The issue we don't know how irrational the market is going to be on the way down.....

nah. big drop during the opening is the golden opportunity to buy....later in the day people will realize that the us equity market is the only safe haven left...they'll all jump back in.

Submitted by zk on June 23, 2016 - 11:11pm.

I feel like Bob in the movie Threads when he sees that nuclear war has started:

"Jesus Christ! They've done it!"

Not that this is nuclear-war-bad, or anything like that. But Jesus Christ. They've done it.

This dents my faith that the American people won't be stupid enough to vote for drumpf. Mencken's assertions certainly ring true in England tonight.

I briefly entertained the notion that Americans would see the parallels between voting for Brexit and voting for drumpf, and they would see the folly of Brexit, and therefore the folly of voting for drumpf. I entertained that notion very briefly, and then I laughed at how incredibly stupid that notion was and then I started to drink.

Submitted by spdrun on June 23, 2016 - 11:18pm.

Haven't seen "Threads." Do you mean "The Day After?"

https://www.youtube.com/watch?v=yif-5cKg...

Submitted by equalizer on June 23, 2016 - 11:24pm.

I thought about it, but thought bookies couldn't be that stupid, so I passed!

Anyway, 10 year futures rate is plunging at 1.5%. Mortgage rates may plunge? You know you need to refi again flu, you cant resist. I'm speed dialing my broker now.

Submitted by equalizer on June 23, 2016 - 11:27pm.

zk,

Betting markets have Hillary at 1:3 odds, Trump at 3:1 odds. After this vote, that 3:1 seems like a good insurance policy. Drink up!

Submitted by Coronita on June 24, 2016 - 2:15am.

equalizer wrote:
I thought about it, but thought bookies couldn't be that stupid, so I passed!

Anyway, 10 year futures rate is plunging at 1.5%. Mortgage rates may plunge? You know you need to refi again flu, you cant resist. I'm speed dialing my broker now.

No, I'm done with primary house v1.0....That said, if rates are going to be close to 1.0% on a 15 year, then it will definitely be a good time to think about primary house v2.0. It would be added bonus if v2.0 only required 5% down :)

Submitted by Coronita on June 24, 2016 - 2:32am.

http://finance.yahoo.com/q?s=vxx&ql=1

VXX showing a +23% change....lol....

Submitted by livinincali on June 24, 2016 - 6:21am.

ltsdd wrote:
moneymaker wrote:
Is it time to buy back in? Or should I wait for the real exit?

I did sell in May and I am 85% cash. So, yes, I will be moving some of that back into stocks tomorrow.

I'd wait a few days. Going to be a bunch of margin calls coming in. People probably gambled too hard on stay.

Submitted by SK in CV on June 24, 2016 - 6:46am.

Irrespective of BrExit, today was expected to be the heaviest trading day of the year, as the Russell 2000 rebalances. It has a lot less international exposure than any of the Dow or S&P, and it's currently down less. It's possible the ETFs might not fare that well.

Submitted by Coronita on June 24, 2016 - 6:56am.

SK in CV wrote:
Irrespective of BrExit, today was expected to be the heaviest trading day of the year, as the Russell 2000 rebalances. It has a lot less international exposure than any of the Dow or S&P, and it's currently down less. It's possible the ETFs might not fare that well.

You probably are right about this. I bought some UDOW, ATT and Verizon, and GE this morning. Haven't sold AMD yet...Thinking about it...

Submitted by SK in CV on June 24, 2016 - 7:06am.

I don't do anything with the UDOW, but I did put on wide put spreads on VZ and GE. I've had an AT&T position on for a few days, mildly surprised it hasn't gone ITM.

Submitted by zk on June 24, 2016 - 7:40am.

spdrun wrote:
Haven't seen "Threads." Do you mean "The Day After?"

https://www.youtube.com/watch?v=yif-5cKg1Yo&t=3040

Threads was a British movie. Here's a clip. Bob's line is at 1:47

https://www.youtube.com/watch?v=MrHoMSRZOS4

Submitted by Coronita on June 24, 2016 - 7:48am.

It will be interesting to see how today unfolds...I doesn't look that bad in the U.S. markets.

Well, I can't stay glued to the monitor today because I'm off to pick up some legoland passes....Going to take today off with the kid and try out the waterpark there and a few other things ....Nice relaxing start of a relaxing weekend. It's probably the first time in a long time when the market tanks I'm not too concerned about it.

Have a nice weekend folks.

Submitted by no_such_reality on June 24, 2016 - 7:48am.

A lot of money is scurrying today. That in turn is vaporizing a lot of money.

Next week, where's all that scurrying money going to go?

Submitted by moneymaker on June 24, 2016 - 8:27am.

I usually like to buy when fear hits but I think the markets are still too high, so I'll wait a while longer, maybe when Germany leaves the EU. If they don't, then they will get stuck propping up Greece.

Submitted by spdrun on June 24, 2016 - 8:32am.

Can California leave the US so they're not stuck propping up Mississippi and Oklahoma?

Submitted by livinincali on June 24, 2016 - 8:57am.

spdrun wrote:
Can California leave the US so they're not stuck propping up Mississippi and Oklahoma?

No. CA would rather force their social/progressive vision of the way things should be on Mississippi and Oklahoma. It's all about power.

Submitted by an on June 24, 2016 - 9:07am.

spdrun wrote:
Can California leave the US so they're not stuck propping up Mississippi and Oklahoma?

There is a California National Party forming.

Submitted by poorgradstudent on June 24, 2016 - 9:28am.

equalizer wrote:
zk,

Betting markets have Hillary at 1:3 odds, Trump at 3:1 odds. After this vote, that 3:1 seems like a good insurance policy. Drink up!

I think Trump is an underdog, but more of a 3:2 underdog. Hillary is not a 1:3 favorite right now.

Submitted by carlsbadworker on June 24, 2016 - 10:40am.

flu wrote:
It will be interesting to see how today unfolds...I doesn't look that bad in the U.S. markets.

Well, I can't stay glued to the monitor today because I'm off to pick up some legoland passes....Going to take today off with the kid and try out the waterpark there and a few other things ....Nice relaxing start of a relaxing weekend. It's probably the first time in a long time when the market tanks I'm not too concerned about it.

Have a nice weekend folks.

It is a very nice day for legoland today. I dropped my wife and kids there this morning. I don't think there is going to be a lot of policy responses to this, so market could drop further purely because it was way too high to begin with.

It doesn't look like Yellen will do anything now for the rest of the year, she might as well go to legoland too.

Submitted by SK in CV on June 24, 2016 - 11:28am.

carlsbadworker wrote:
It doesn't look like Yellen will do anything now for the rest of the year, she might as well go to legoland too.

I wouldn't be so sure of that. The fed will remain data dependent. 30 days from now this could be no more than a blip. The longer the fed waits, the fewer options they have in the long term. Sept we could see another bump, even if the economy is still limping along. .25 to .50 basis points just isn't going to change anything. They need to get to 2% to have any flexibility at all.

Saddest part of that is that fiscal policy is always going to be more effective than monetary policy during a slow down.

Submitted by FlyerInHi on June 24, 2016 - 12:38pm.

This what happens when news outlets like the Sun enable the pitchfork peasants.

Submitted by FlyerInHi on June 24, 2016 - 12:46pm.

SK in CV wrote:
carlsbadworker wrote:
It doesn't look like Yellen will do anything now for the rest of the year, she might as well go to legoland too.

I wouldn't be so sure of that. The fed will remain data dependent. 30 days from now this could be no more than a blip. The longer the fed waits, the fewer options they have in the long term. Sept we could see another bump, even if the economy is still limping along. .25 to .50 basis points just isn't going to change anything. They need to get to 2% to have any flexibility at all.

Saddest part of that is that fiscal policy is always going to be more effective than monetary policy during a slow down.

And even in the face of recession and historically low rates, certain folks will never support fiscal policies for fear of hyper inflation!

Submitted by zk on June 24, 2016 - 12:58pm.

FlyerInHi wrote:
This what happens when news outlets like the Sun enable the pitchfork peasants.

And Trump wouldn't be where he is without Fox et.al. encouraging America's pitchfork peasants.

British millenials are ticked off about the "leave" vote, but not enough of them voted, and they could've made the difference.

Let's hope American millenials learn a lesson from that and remember it come November.

Submitted by FlyerInHi on June 24, 2016 - 1:06pm.

Absolutely, if you look at the map you see that cosmopolitan areas voted to stay.
I'm thinking that turnout was stronger on the side of the Brexiters because of the recent election of the Muslim mayor of London

Submitted by all on June 24, 2016 - 2:19pm.

Scottish Borders is as cosmopolitan as Northumberland. You could just as easily argue Catholics and Muslims voting in, Protestants voting out.
Either way, a finger to the ruling class is likely preferred to chopped heads, by plebs and patricians alike.

Submitted by The-Shoveler on June 24, 2016 - 2:27pm.

"British millenials are ticked off"

I am not sure that is not just the media talking for them like they do here saying they want a condo and bike to work when they really want a house in the suburbs and a BMW.

Submitted by SK in CV on June 24, 2016 - 2:42pm.

The-Shoveler wrote:
"British millenials are ticked off"

I am not sure that is not just the media talking for them like they do here saying they want a condo and bike to work when they really want a house in the suburbs and a BMW.

I think they are. I think they googled "what's the EU?" this morning and realized that they should have been paying attention.

Submitted by FlyerInHi on June 24, 2016 - 2:52pm.

all wrote:

Either way, a finger to the ruling class is likely preferred to chopped heads, by plebs and patricians alike.

The conservatives are losing control of their bases.
The business elites are now losing money because they used and enabled the pitchfork peasants.

Submitted by poorgradstudent on June 24, 2016 - 2:55pm.

The media feels very Doom and Gloom about this right now, so I might hold off on trying to catch that falling knife.

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