Truth is i fear a re vote will completly send the markets and pound into meltdown, The reaction yesterday morning showed the market dont like new things facing them, the fact it finished up on a 7 day line showed that once the market had settled into knowing the choice was made and the BOE was ready for it then it becomes buisness as normal.
To be honest, there's little point trying to read into the markets on an intra-day reaction basis in any case (though there will no doubt be plenty of roller coaster days to come). The effects are more likely to show through a prolonged stagnation/gradual fall, when the counter factual would have been a strong and growing economy. We probably won't know what the 'real' value of sterling would be, because I'm not sure the Bank of England will let it be known how much of its reserves it will use to support the pound.
But the effects on the economy will be very real. It's 2016: people have jobs working for firms which have offices in the UK and Europe. Working fluidly across the offices - having teams comprised of people in London and Brussels - providing services to clients in Copenhagen - is part of their culture. These companies are in complete shellshock, because that business model might just cease to be a possibility very soon. People don't realise - or don't care - how intertwined our economy is with Europe. Or many just don't care - but that is perhaps even sadder, because such people tend to be those who recessions hit in the harshest way.
The only way to avoid real damage is if we stay a member of the EEA. On one hand, I'd be happy with it - because it avoids trashing the country completely (we might even cling on to Scotland), but on another it is desperately sad, as we will have achieved precisely nothing other than a downgrading of our current membership status and a lessening of our status in the world. It would send leave voters and Nigel Farage utterly apoplectic, which is both a hilarious and scary prospect (scary because it risks violence).
Incidentally, has anyone got any idea how the feck we're actually going to enact this - given the enormous pro-Remain majority in the House of Commons? If Labour can manage to get rid of Corbyn and replace him with a vaguely animate human being, it's easy to see a coalition of them, the Lib Dems and the SNP being formed after a General Election. A year ago, I hated the prospect of such a coalition, but I'd give an awful lot for it now.