wow Aussie from 1% up to 2.5% down now. Crazy stuff
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Well I just dumped one of my very long term investments which is purely impulse but the environment is changing by the minute.
At the end of the day though, I think markets are overestimating the impact that a UK exit will have. Yes will have to negotiate new free trade deals but in the bigger scheme of things the UK market is pretty unimportant to the rest of the world. Is it the threat that Europe will implode that is making markets scared?
I'm definitely not running for the hills and I still have quite a lot in the market. Over the last week I've closed 2 positions. What is amazing is that when you are in a long term investment, you are totally ok with it but then when you cash up, your psychology changes almost immediately.
WOW!!!! .....got 2 screens split into 2 and the numbers on the 4 panels are all red and spinning down....there's a train wreck happening right in front of me..I've never seen one of these in such graphic detail as I didn't have the technology nor the multi-visual screens operating with the previous black swan events..
Fortunes being made and lost by the traders and speculators