29-06-2016, 20:23
(This post was last modified: 29-06-2016, 20:25 by St Charles Owl.)
(29-06-2016, 20:07)ritchiebaby Wrote: FTSE 100 currently at 6360.06, higher than it was the day before the referendum. I'm certain there was millions made out of the self-induced panic by some City traders.
They told us it would happen, just like they told us what the opposite would be, and guess what they also made sure they had a win-win scenario already in place so that they made money no matter what happened!!! Traders do not make money with a market that just chugs along, they make a ton of money when the market is moving all over the place. Their paychecks will determine that they loved this result!!
Over here the Dow Jones lost 600 points on Friday, which was reported as wiping billions off the market, yet the reality is this "corrected" the market back to where it was a week earlier when the market rose sharply on the prospect of a remain vote!!!