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Futures up ~1.5% this morning.
That makes sense to me.
If things go badly, they could go so badly that having some extra equity exposure might be the least of your worries.
But if they go well (which is more likely than not), then you want to catch that on the way up.
Reminds me of a buddy right after college that was stone cold broke and bought the Godfather trilogy on DVD. His thought was that if he didn't get the jobs he was applying for, he was so fucked that the $50 wasn't gonna make a difference either way.
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