The crash would happen with or without Brexit. But the glaobalists will wag their fingers and say--see what happens when you abandon the "new world order"?
Why, so they can take the stock off of your hands? Nothing but "greater fool theory". Knife catching (buying momos when they start falling) is often foolish to your wealth (found that out from experience).
Test of $200 level? Wouldn't be shocking in next few weeks.
Stronger dollar will hurt the earnings of the big international stocks that are in the SP500. 1800-1900 would not shock me. Just a normal correction.
One day will not wring out the excesses. Will take a week or two, at least, and probably 10-20% (at least) in price decline.
Even Cramer on Twitter said take some profits if you have them, maybe sell half to lock in profits?
Be careful buying here. If the market selloff continues, and turns into a 10%+ correction, the winning momentum stocks will be sold, and maybe sold heavily. Don't get complacent.
Europe is a continent of stores & shops, even more than America, and they will be protected since they employ so many. Playing field will be made level between online and brick & mortars.
Calls it a "supernova" event.
Sentiment: Strong Sell
I own physical gold & silver, and am holding through the turbulance, but have sold out of my gold stocks on the recent rally.