DOW 23,000+ today?

Discussion in 'The Paddock' started by Grant 302, Oct 17, 2017.

  1. VoodooBoss

    VoodooBoss Rick Moderator

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    I don't think Brexit is going to have a major impact on the US markets or markets globally. Maybe a bit of short term volatility but nothing long term once the exit agreement is finalized. Shoot after it passed in June 2016 and the markets took a hit in the couple of days afterwards we were back to normal in a week. Now if the EU collapses that's a different story.
     
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  2. TymeSlayer

    TymeSlayer Tramps like us, Baby we were born to run...

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    Apparently this anchor called the market is still seeking the bottom. I'm sticking to my plan and waiting till just before the holiday rally.
     
  3. 302BOB

    302BOB TMO Addict

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    That anchor may need a longer chain....I hope not!
     
  4. Grant 302

    Grant 302 OPM Spent: $509,979 Moderator

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    I see no harm in that. Price action today looks more like the bottom 'solidifying' more than anything else. Dumped all the short term hedges and rolled for cheap, out of the money stuff. I'm safe either way and made some good side-money this week to boot. Volatility is great when you're expecting or playing for it.

    Wifey even thanked me for advice on some of her stuff to sell on Mon and Tues. Happy wife...
     
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