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#1
06-23-2016, 11:00 AM
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 You were getting 3-1 Leave; 1-4 Remain yesterday....UltraVIX down 13% today Free money if one were so inclined 
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#2
06-23-2016, 03:17 PM
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If you're confident it's all rigged it was a safe play.
I'm not completely sold. Great opportunity for transfer of wealth and I don't really know the cast of characters. The ones I do know can be flighty. Keep hope alive? 
__________________
RIP identity politics 1965-2016
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#6
06-23-2016, 09:04 PM
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Less than 1% edge to remain with a 1/3 of voting in... US Dow futures off 210 points after the Sunderland results....will be a late night for some. Predicting 4am eastern before a call. This is fascinating.
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#9
06-23-2016, 11:25 PM
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__________________
RIP identity politics 1965-2016
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#10
06-23-2016, 11:26 PM
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Anybody else think of this old taxes story? The punch line (the rich guy leaving) seems a similar motivation for the UK. They are sick of paying and subsidizing many of the other members. France might exit too now they are saying.
--------------------- "Suppose that every day 10 men go to a restaurant for dinner. The bill for all ten comes to $100. If it was paid the way we pay our taxes, the first four men would pay nothing; the fifth would pay $1; the sixth would pay $3; the seventh $7; the eighth $12; the ninth $18. The tenth man (the richest) would pay $59." The 10 men ate dinner in the restaurant every day and seemed quite happy with the arrangement until the owner threw them a curve. "Since you are all such good customers," he said, "I'm going to reduce the cost of your daily meal by $20." Now dinner for the 10 only costs $80. The first four are unaffected. They still eat for free. Can you figure out how to divvy up the $20 savings among the remaining six so that everyone gets his fair share? The men realize that $20 divided by 6 is $3.33, but if they subtract that from everybody's share, then the fifth man and the sixth man would end up being paid to eat their meal. The restaurant owner suggested that it would be fair to reduce each man's bill by roughly the same percentage, being sure to give each a break, and he proceeded to work out the amounts each should pay. And so now the fifth man paid nothing, the sixth pitched in $2, the seventh paid $5, the eighth paid $9, the ninth paid $12, leaving the tenth man with a bill of $52 instead of $59. Outside the restaurant, the men began to compare their savings. "I only got a dollar out of the $20," complained the sixth man, pointing to the tenth, "and he got $7!" "Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got seven times more than me!" "That's true," shouted the seventh man. "Why should he get $7 back when I got only $2? The wealthy get all the breaks!" "Wait a minute," yelled the first four men in unison. "We didn't get anything at all. The system exploits the poor." Then, the nine men surrounded the tenth man (the richest one, paying the most) and beat him up. The next night the richest man didn't show up for dinner, so now the nine men sat down and ate without him. But when it came time to pay the bill, they discovered something important. They were $52 short! "And that, boys, girls and college instructors, is how America's tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up at the table any more. There are lots of good restaurants in Switzerland and the Caribbean."
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#11
06-24-2016, 08:00 AM
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A lot of people lost everything last night. I'll be checking the obits accordingly. 
__________________
RIP identity politics 1965-2016
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#12
06-24-2016, 08:21 AM
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The US president used a keenly awaited press conference with David Cameron, held at the Foreign Office, to explain why he had the “temerity to weigh in” over the high-stakes British question in an intervention that delighted remain campaigners.
Obama argued that he had a right to respond to the claims of Brexit campaigners that Britain would easily be able to negotiate a fresh trade deal with the US. “They are voicing an opinion about what the United States is going to do, I figured you might want to hear from the president of the United States what I think the United States is going to do. “And on that matter, for example, I think it’s fair to say that maybe some point down the line there might be a UK-US trade agreement, but it’s not going to happen any time soon because our focus is in negotiating with a big bloc, the European Union, to get a trade agreement done”. He added: “The UK is going to be in the back of the queue.” http://www.theguardian.com/politics/...or-trade-talks The people of the United Kingdom have exercised the sacred right of all free peoples. They have declared their independence from the European Union and have voted to reassert control over their own politics, borders and economy. A Trump Administration pledges to strengthen our ties with a free and independent Britain, deepening our bonds in commerce, culture and mutual defense. The whole world is more peaceful and stable when our two countries – and our two peoples – are united together, as they will be under a Trump Administration. ~ Donald Trump
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#13
06-24-2016, 08:26 AM
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#14
06-24-2016, 08:39 AM
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The ultimate trap bet. There was enough money on the table to end the EU a few years early. So the vote was probably legit. If you're the ruling class you know the underlings will be on your side through thick and thin. The remain supporters are too thick to realize they're slaves. Especially the ones who dare to profit off a system they subconsciously believe is rigged. Glorious day.
__________________
RIP identity politics 1965-2016
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#15
06-24-2016, 08:48 AM
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I don't think this dip is long lived, but for those who went with their gut it was a very profitable 24hrs... Oh, to have gone to cash and long UVXY yesterday (up 22% and growing) 
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#16
06-24-2016, 08:54 AM
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#18
06-24-2016, 08:54 AM
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PTI carry on.
__________________
"Relax, alright? Don't try to strike everybody out. Strikeouts are boring; besides that, they're fascist. Throw some ground balls. It's more democratic."-- Crash Davis
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#19
06-24-2016, 09:16 AM
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I saw this the other day and felt that if this is in fact going on all over the country, then a Leave vote would be eminent: https://www.youtube.com/watch?v=l-nccfHZLOM
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#20
06-24-2016, 04:57 AM
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Last edited by jms62 : 06-24-2016 at 07:34 AM.
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Hybrid Mode
