iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,230 Blog Posts

BRITCUCKS LOSE BREXIT VOTE — LARGEST GOVERNMENT DEFEAT SINCE 1924

Bring back Royal Rule. Clearly, the politicians in the UK have no idea what they’re doing. Why not just tell the fish n chips in the UK to ‘bugger off’ and to suck ‘bollocks’. There will be no BREXIT.

I view this as a neutral for stocks, because literally nothing is being done. Does that make sense? Should Corbyn get in, however, that would be a negative, since he hates the EU even more than May.

Why am I not covering all shorts and going 100% long?

Recently, these large white candles, following an extended move higher had led to a blow off top. This will literally be resolved this week.

Gold is interesting here too. Buy all dips has worked for months.

As such, I bought some NUGT here.

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9 comments

  1. chuck bennett

    May loves the EU and so does Corbyn.

    The parliament is fighting against the will of the public.

    Hard brexit must happen or democracy will be fiction in Britain.

    Regards

    Chuck Bennett

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    • numbersgame

      “The will of the public” That’s a good one.

      The same sort of public in the US that wants to cut governement waste, cut governemetn taxes, build a f**ing wall, cut the budget deficit, cut the national debt, yet also raise Defense spending, keep medicare and social security payments the same.

      The same sort of public that has an iPhone X and credit card debt, or a shiny Dually and no retirement savings.

      Or specifically, one that wants to stay within the EU trading bloc, but doens’t want to contribute towards EU expenses.
      Or doesn’t want a border wall between Northern Ireland and Ireland, but doesn’t want immigrants to be able to come in easily.

      I’m with you on the hard Brexit: some lessons can only be taught in the School of Hard Knocks.

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  2. numbersgame

    Mark this comment:

    The Bear reasserts itself at QQQ $170. I’ll be piling into shorts at that point.

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    • frog

      I don’t know whether U R right or not. But good for you for having the guts to make a prediction well ahead of time. Instead of claiming after something already went way up “I made a gazillion dollars on that stock today.”

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    • edge

      I’m feeling my way along, like a blind man in the woods.

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    • tjnyt

      Dare to be long until 170ish.

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    • tjnyt

      Dare to be long until 170ish.

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