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The Donald Trump, Illegal Alien, Foreigner, Immigrant Bitch and Moan Thread
User Forum Topic
Submitted by Coronita on June 22, 2016 - 7:13am
Here you go... Enjoy people... Have fun.
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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.
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.
Haven't seen "Threads." Do you mean "The Day After?"
https://www.youtube.com/watch?v=yif-5cKg...
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.
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!
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 :)
http://finance.yahoo.com/q?s=vxx&ql=1
VXX showing a +23% change....lol....
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.
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...
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.
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
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.
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?
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.
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.
There is a California National Party forming.
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.
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.
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.
This what happens when news outlets like the Sun enable the pitchfork peasants.
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!
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.
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
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.
"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 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.
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.
The media feels very Doom and Gloom about this right now, so I might hold off on trying to catch that falling knife.