Welcome to the ninth inning of the world stock markets. We now go up and up and up like crazy through the summer. This is going to be the most spectacular bull move in the history of the markets.
The next time the VIX pops up, it will be time to get on board 100% on UVXY, because that will be the end of the game, and the entire banking system will be losing the game
The reversal will be breathtaking indeed, but it will only happen when the money runs out. International Reserve Banks are willing to give banks negative interest rates, so the money will continue to flow.
It falls apart eventually... Soon.... But not yet.
The question is not whether the people will vote to leave. It is pretty clear they would vote to leave. The question is whether the government will allow the real results to be made public.
The banks can't afford BREXIT to occur, and they government is in the banks' pockets.
So it is a matter of whether you believe the government will actually bow to the will of the people...
I don't trust the government...
Agreed. The smart bet is to buy here, sell at the close, then fade whatever happens after the vote in tomorrow's session.
So, these betting houses are taking bets on whether Britain stays or goes. The odds to stay are at the lowest they have been since they started taking bets.
What I find most interesting is that the quantity of bets for exiting is way higher than the best for staying.
If you want to trade UVXY right now, I would buy and close before the close. Then fade the move tomorrow morning.
I can't wait for the spin on this one tonight. The British people have had it like everyone else. The only question is whether they illegally manipulate the numbers and claim that they voted to stay.
I guarantee you that the people want out. They never wanted in to begin with. Britain hates the rest of Europe, especially Germany.
I'd say buy put every cent of your savings in this if I trusted the vote counters, however, I do not. Therefore, stay the heck away from this thing and wait until the vote is decided, then short.
The market is in melt up mode, and will continue that way all day. We could easily end up 25 at this rate. UVXY will close under $11.
I hate to say it, but the jig is up this fall, regardless of who wins the presidency. There will be no growth hormones and steroids because the market will have spoken.
I would say I believed that prior to Donald Trump's resounding victory. One could still argue that the cabal wants Trump as the candidate to ensure a Clinton victory however?
All I know is that the British public can't stand the rest of Europe and believes they are all inferior to them. The question is whether they will block the will of the people and rig the vote I suppose.
Polls don't mean anything. They make up the results of polls to push whatever agenda the pollster represents.
The only poll that will matter is the real poll on Thursday.
Use common sense to understand what the common man thinks. Common English men hate the rest of Europe and believe England is superior to them. They believe Europe is holding them back. They believe that cutting ties with the rest of Europe will make England great again. LMAO!!!
It's just like the common American idiot voting for Trump. Assuming that he can "Make America Great Again." Anyone with a brain knows that's not going to happen, but the common man still believes it.
Brexit is about to put an end to the party. When you let the people speak, they will speak louder than anyone ever expected. Just as how the people of the US have spoken through nominating Donald Trump, so too will the people of England when they ratify Brexit by an overwhelming margin.
Get aboard the UVXY train before the inevitable collapse on Friday and then oh how nice Monday's drop wiil be.
BREXIT will occur. The Brits never wanted to be part of the EU to begin with. The average person believes that the EU is bringing England down, and that leaving the EU will be a positive for England.
The truth is that it doesn't matter, in the end.. England will go down with the international economic ship regardless of how they vote.
The good thing for those of us betting against the survival of the system is that British people aren't as stupid as they seem. They will approve this bill by a wide margin. I'm guessing 60/40.