Could this be another one of those times when a bullet changed
history? The tragedy in the UK where a woman MP was killed this
morning seems to have turned around markets in a very significant
way. Clearly the markets think that it really hurts the Leave
cause. Look at how the FTSE futures have continued to rally. It
looks like it may well have put in a W bottom. And the reversal
candle in gold is huge -- like it really believes that today
was a game changer. Our own market also is trading like the fear
has started to go away. Look at the reversal candle in the VXX
which Steve mentioned.
Posted by zubeldia on 16th of Jun 2016 at 07:36 pm
This reminds me of the train bombings in Madrid on 11 March
2004, just three days before the Spanish General Elections. As a
result, the tables turned and the Socialist government got elected.
You can read about it in
https://en.wikipedia.org/wiki/2004_Madrid_train_bombings
Could this be another one
Posted by puma on 16th of Jun 2016 at 03:34 pm
Could this be another one of those times when a bullet changed history? The tragedy in the UK where a woman MP was killed this morning seems to have turned around markets in a very significant way. Clearly the markets think that it really hurts the Leave cause. Look at how the FTSE futures have continued to rally. It looks like it may well have put in a W bottom. And the reversal candle in gold is huge -- like it really believes that today was a game changer. Our own market also is trading like the fear has started to go away. Look at the reversal candle in the VXX which Steve mentioned.
A bullet that changed history?
Posted by zubeldia on 16th of Jun 2016 at 07:36 pm
This reminds me of the train bombings in Madrid on 11 March 2004, just three days before the Spanish General Elections. As a result, the tables turned and the Socialist government got elected. You can read about it in https://en.wikipedia.org/wiki/2004_Madrid_train_bombings
yep it's possible. Quite a
Posted by matt on 16th of Jun 2016 at 03:38 pm
yep it's possible. Quite a tragedy but clearly the market was most concerned about the Brexit thing,