So dos everyone sell off because of Brexit?

Discussion in 'The Bar' started by newcastlefan, Jun 29, 2016.

  1. newcastlefan

    newcastlefan Banned VIP Gold

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    Because the Dow closed up another 280 today.

    Some of us doubled down.
     
  2. DrivenByDemons

    DrivenByDemons Well-Known Member

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    I guess not everyone
     
  3. jdwhatever

    jdwhatever Fesh Gold

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    Long haul
     
  4. Capn Crud

    Capn Crud The pride of Cucamonga VIP

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    I'm on record saying it was a buying opportunity.
     
  5. Gomez

    Gomez VIP Extreme Gold

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    Have you heard of Sexit? It's where I pull my dick out of my lady friend after blasting a load all up in her.
     
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  6. Tickle Shits

    Tickle Shits Soul Satisfying and Deeply Nourishing Gold

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    I sold off one profitable stock crashed 15% bought back and made 20% on top :owned:

    Bought 50 shares of Apple at 91 and change..
     
  7. newcastlefan

    newcastlefan Banned VIP Gold

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    BUY!
     
  8. goldtopper

    goldtopper For Real VIP Gold

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    Buy when it's on sale I say.
     
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  9. banksy

    banksy It's summertime VIP

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    What about dos?
     
  10. Stew Nod

    Stew Nod Well-Known Member Banned User

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    I love the gloating

    Pigs get slaughtered
     
  11. Santori

    Santori Piece of Shit

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    buying
     
  12. DiamondGoddess

    DiamondGoddess Born Ready for My Close-Up! Gold

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    Why is Brexit messing with the stock market?

    'Splain me plz.

    TIA
     
  13. Capn Crud

    Capn Crud The pride of Cucamonga VIP

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    It didn't

    THAT"S THE WHOLE FUCKING THING ABOUT IT!!
     
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  14. newcastlefan

    newcastlefan Banned VIP Gold

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    Everything messes with the market: investors get nervous because they hate uncertainty. They try to limit their anticipated losses. The trading programs notice this activity, interpret it as significant and start trading big blocks of equities in fractions of seconds to hedge their losses and the Dow drops 500 points. The next day or so the same programs record that the movements anticipated did not materialize and that key instruments are priced low and they start buying, and the Dow increases 500 points.

    This is known as "Weeeeeeee!
     
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  15. DiamondGoddess

    DiamondGoddess Born Ready for My Close-Up! Gold

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    Ahhh, this is what I thought was happening.

    The Lemming Effect.

    Thanks, new!!!
     
  16. DiamondGoddess

    DiamondGoddess Born Ready for My Close-Up! Gold

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    Thanks, Capn!!!
     
  17. zhukov

    zhukov Time Traveler VIP

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    Only the stupid ones.
     
  18. Capn Crud

    Capn Crud The pride of Cucamonga VIP

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    I'm so pissed. When Shire bought Baxalta, I had that money in cash leftover from my Baxalta shares and hadn't done anything with since the sale it until about last Tuesday. If I would have waited a few more days :pissed:
     
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  19. Capn Crud

    Capn Crud The pride of Cucamonga VIP

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    :hat:
     
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