Anyone else making plans to make a quick buck on the market with the Brexit vote?
They are expecting the market to move hard in one way or the other, depending on how the vote goes.
Bonus points to anyone from the UK who can give some on-the-street feel for how it will go.
>>1329654
Expect 200 points up on the dow on friday with a stay vote and 400 points down with a leave vote.
With 50/50 odds it isn't worth staying in the market. I sold 2/3 of my positions yesterday.
Thursday should be light volume and negative for the day. Friday gonna be crazy!
>>1329657
I agree. But I also think that after the first reaction, it will calm down a bit and will give back a little of the gain/loss.
I'm thinking of buying both puts and calls on $DIA tomorrow.
>>1329654
Remain wins
>>1329663
If it goes negative in the morning, then it will never recover during the day. It never does on friday for some reason.
Remain will obviously win whatever the brits want. The elites demand it
>>1329674
https://www.washingtonpost.com/news/worldviews/wp/2016/06/22/brexit-heavy-rain-with-a-chance-of-leaving-the-e-u/