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re: How can I take advantage of the drop tomorrow?

Posted on 6/24/16 at 4:47 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
19235 posts
Posted on 6/24/16 at 4:47 pm to
I gambled on DB...down 17%
Posted by RocktownHog52
Little Rock
Member since Sep 2013
422 posts
Posted on 6/24/16 at 5:18 pm to
Bank of Amecia down 7% today. Off its high of 18 last month to 13
Posted by Odinson
Asgard
Member since Apr 2014
2761 posts
Posted on 6/24/16 at 5:34 pm to
I went short on some stocks today. Today's close only put us at around a 3 month low. More selling to come imo.
Posted by LSURussian
Member since Feb 2005
127247 posts
Posted on 6/24/16 at 6:03 pm to
quote:

Today's close only put us at around a 3 month low.
Huh? We were lower than today's close as recently as May 19. That's just a little over a month ago.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 6/24/16 at 6:24 pm to
its all silly, sell more if you want but the reality is with where interest rates are 20x earnings is about fair for stocks, thats close to where we are with things like apple being complete bargains when you look at its yield vs the 10 year and its P/E. If anything with a ton of uncertainty to come in europe i could imagine the US equities being a flight to safety.
Posted by LSUregit
Member since Dec 2013
1622 posts
Posted on 6/27/16 at 10:30 am to
I'm 75% money market right now. Time to get in or wait until next week?
Posted by WiscyTiger
Bear Lake, WI
Member since Nov 2008
1418 posts
Posted on 6/27/16 at 2:13 pm to
quote:

Bank of America down 7% today


Sold puts on XLF, KBE, and KRE. Banks are down. Hopefully they will come back up within the next 6 months when they figure out Brexit.
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