Is the stock market going to tank?

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Originally Posted by Toadman

What opportunity does destruction of the market represent for a Trump supporter? Majority have nothing. They live paycheck to paycheck. Is it just the joy the would receive in other's misery? Kind of that Schadenfreude effect. Maybe prices go down at Wal-Mart?

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Who would have ever thought we'd be talking about republicans like this? Its certainly a different world.

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Originally Posted by Cono Este

Who would have ever thought we'd be talking about republicans like this? Its certainly a different world.

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It's been their fate since they let religion take over their message.

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Originally Posted by 4matic

It's been their fate since they let religion take over their message.

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Like the failure of voodoo economics in Kansas? Guess that's a form of religion.

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Originally Posted by 4matic

I'd say yes to all that. But I know "many" people that have sidestepped long term investing since the crisis and Obama. Those people desperately want a repricing of assets in their favor.

The irony is if Trump gets his way prices at Walmart go up bigly.

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I was thinking the same thing. Wal-Mart prices would get jacked up. But Trump would blame any inflation on the dems and Hillary.

I went to high school with this guy. 4 years for stealing nearly $40 million. Not bad.

http://www.nytimes.com/2016/11/05/bu....nav=RecEngine

Simplification of the Trump phenomenon will only serve to reinforce its existence.

Poverty isn't highly correlated with voting for DJT from what I've seen: it's economic and social anxiety manifesting in a defensive, reactionary voting posture. They're not voting for him as much as against a percieved and imo legitimate threat of continued dilution of influence.

Many ppl that are far from dumb are voting Trump & don't buy the market collapse theory. I don't really agree w them, but misstating arguments and statistics behind his supporters isn't exactly a productive enterprise.

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Originally Posted by Bobby Finstock

I went to high school with this guy. 4 years for stealing nearly $40 million. Not bad.

http://www.nytimes.com/2016/11/05/bu....nav=RecEngine

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So stock traders are mentally ill. I thought so....

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Originally Posted by Bromontana

Many ppl that are far from dumb are voting Trump & don't buy the market collapse theory. I don't really agree w them, but misstating arguments and statistics behind his supporters isn't exactly a productive enterprise.

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Wrong, it's a highly productive enterprise. Look at the billions spent on it this year. My math isn't too good but it's produced about $2.1 billion just for two candidates alone. You talked to the Koch bros. lately? Or maybe George Soros. How about Tom Steyer?

https://www.washingtonpost.com/graph...paign-finance/

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Originally Posted by Bromontana

Simplification of the Trump phenomenon will only serve to reinforce its existence.

Poverty isn't highly correlated with voting for DJT from what I've seen: it's economic and social anxiety manifesting in a defensive, reactionary voting posture. They're not voting for him as much as against a percieved and imo legitimate threat of continued dilution of influence.

Many ppl that are far from dumb are voting Trump & don't buy the market collapse theory. I don't really agree w them, but misstating arguments and statistics behind his supporters isn't exactly a productive enterprise.

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Well said.

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Originally Posted by Bromontana

Simplification of the Trump phenomenon will only serve to reinforce its existence.

Poverty isn't highly correlated with voting for DJT from what I've seen: it's economic and social anxiety manifesting in a defensive, reactionary voting posture. They're not voting for him as much as against a percieved and imo legitimate threat of continued dilution of influence.

Many ppl that are far from dumb are voting Trump & don't buy the market collapse theory. I don't really agree w them, but misstating arguments and statistics behind his supporters isn't exactly a productive enterprise.

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Well said x2

Watching the mkt for polls. Its either going to a volatility implosion with Hillary winning, or an Explosion with McTrump. A real conundrum for some traders voting today.

Glad its not me.

what a terrible trade, unless you were long hillary and short vol

JPM up 4%. Surprised that Walmart is up.

twtr booming yo

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Originally Posted by digitaldeath

twtr booming yo

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I need to quit trading other shit and just do twtr. Fkn A, the roll continues

I've been involved in passive mutual fund growth my whole life. It's been perfectly sufficient so far . How do I address these changes, if I have no confidence in the American markets going forward? How do I make some cheese off trumps foibles?

What issues should I discuss with my FA, should I liquidate some and go high risk on shorts?

Move somewhere with more confidence. Like China.

my LMT up 6%....war time?

They got any good skiing in China?

Attachment 192125

BAE

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Originally Posted by My Pet Powder Goat

They got any good skiing in China?

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Himalayan mountains. Earn your turns. Probably hire cheap labor to carry you up.

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Originally Posted by 4matic

Himalayan mountains. Earn your turns. Probably hire cheap labor to carry you up.

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Good point. I could cash out some of my stocks and live like a king for the next four years

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Originally Posted by My Pet Powder Goat

Good point. I could cash out some of my stocks and live like a king for the next four years

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Night ski the apocalypse! Nuclear winter snow glows in the dark!

Hah no and the market is a joke. Biogen up nicely today

All time high Berkshire Hathaway.

Nikkei's up 1000 tonight. 7%.