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UK just voted themselves out of the EU, Nekkei halted trading, NYSE/NASDAQ will likely hault trading...
I personally will purchase SQQQ and SDS shares, write puts in the SP.
I personally will purchase SQQQ and SDS shares, write puts in the SP.
Posted >1 y ago
Responses: 6
The UK never needed the EU. It was the other way around. I guess we'll see how the rest of it plays out.
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Capt Seid Waddell
TSgt David L., I am reminded of a headline in British newspapers in the 1930s "Fog in channel, Continent cut off".
I have an idea that the Brits will come out on top of this.
I have an idea that the Brits will come out on top of this.
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MSgt Richard Rountree
I was surprised the UK joined the EU in the first place. When I was stationed there, in the late 1980s, it was almost unthinkable that they would ever give up their sovereignty. I think they've made the right choice to leave.
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Capt Seid Waddell
MSgt Richard Rountree, agreed. External control by unelected leaders generally galls; this has not changed over the past two and a half centuries.
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Volatility in the coming days will make tactical changes in your asset allocation a gamble. I'm sticking with my strategic allocation plan, moving new cash into sectors that are down to keep me my plan on track. Whatever your strategy, execute it with discipline.
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CPT Doug Baden
Grrrr...yep, me too. Glad it's a long-term strategy. Sure makes me hot under the collar to watch it too closely.
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What am I going to do? Maybe go to Great Britain on holiday. My dollars will purchase more and I suspect there will be some great parties going on.
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