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Thread: Brexit

  1. #13

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    Default Re: Brexit

    Quote Originally Posted by tsptalk View Post
    It's actually similar to stock market action. When someone responds to the question, "Why were stocks down today?" with a snaky, "More sellers than buyers", it's not always the case. If one big investor sells 10,000 shares of a stock, he could be selling it to 100 different small investors. More buyers than sellers, but who do you think may know better?

    That's how I look at it. A smart money bet.

    Maybe the smart money has better insight into election results, I mean, about-to-happen election fraud.

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  3. #14

    Default Re: Brexit

    Lack of Brexit Exit Polls:

    "Regardless of who commissions an exit poll, results can’t be reported until after the polls close. Section 66 of the Representation of the People Act of 1983 bans the publication of any forecasts or predictions for elections before the polls are closed. People can say—or tweet, or Instagram—how they voted, but they cannot tally their friends’ votes and stick that on Facebook."

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  5. #15

    Default Re: Brexit

    The most recent polls were very close (52% to 48% and 51% to 49%), both in favor of "remain", but they weren't exit polls. They were phone calls out to 5000 people.

    This means they weren't necessarily voters, and I still think the more motivated voters are the "Leave" side and they may have been more likely to have gone out an voted in the rainy weather.

    Everything is pointing to a close win for the "Remain" vote, but I am not overly confident that it will hold. And if it's too close to call on the first count, it may delay the results and uncertainty continues. I don't really have anything riding on this. It's just a thought based on everything I'm hearing.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  7. #16

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    Default Re: Brexit

    Quote Originally Posted by Khotso View Post
    Maybe the smart money has better insight into election results, I mean, about-to-happen election fraud.
    Because all elections are fraud in "your world?"
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  9. #17

    Default Re: Brexit

    Voting turnout was very high, I'm hearing, and that's a good sign for the "Remain" vote.

    The futures are rising again after hours on the latest poll... 54% Remain, 46% Leave. They sure like to take surveys across the pond.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  10.  
  11. #18

    Default Re: Brexit

    The futures are going bananas (up and down) as early results showed a small lead in the "Leave" vote. It was only 5 of over 330 areas scheduled to report but they expected those 5 areas to vote for "Remain".
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


  12.  
  13. #19

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    Default Re: Brexit

    High drama for sure. Assuming the Bremain's seize the day, it makes for an interesting day tomorrow. If futures rise in a big way overnight is it a setup with a big gap opening followed by an after noon selloff as big money takes profits or does the market rise higher? While it would have be nice to be in today, I'm glad I sidestepped this one.

    FS
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  15. #20

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    Default Re: Brexit

    "Leave" is getting higher votes than some thought only a few hours ago. First results in UK's historic referendum on EU membership - BBC News

    Reporters saying it is definitely going to be "too close to call" for some time yet.

    Markets and the Pound going all over the place.

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  17. #21

    Default Re: Brexit

    60-point swings in S&P futures. Up 10, down 50, now down 23.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  18.  
  19. #22

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    Default Re: Brexit

    Quote Originally Posted by tsptalk View Post
    60-point swings in S&P futures. Up 10, down 50, now down 23.
    I hope you Bremain on the right side of those swings.

  20.  
  21. #23

    Default Re: Brexit

    Trading on a night like this can get you bre'oke.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  22.  
  23. #24

    Default Re: Brexit

    Leave has 51.3% of votes counted so far

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