Whenever the market rips and I lose money, the very next day I lose a lot more. Yesterday I noted how the 70 point melt up was exclusive to a select few, considering my pastiche of holdings lost me money. Today, me and my 100% long only portfolio got shipped to the woodshed to be chained like an animal and whipped with junkyard chains.
Five minutes to the bell and I am off by 1.69%, a very stern drawback for Le Fly.
Nevertheless, I’d be lying to you if I claimed to be scared. Nothing scares me, not even all of my stocks going to zero in unison. I have faith that the plan that I put into motion will deliver extreme winship. It’s only a matter of time before these things materialize, small plebs.
Do not panic and never let them see you with pie on your face. Gentlemen never eat pie, only cake.
It’s earnings season, so anything can happen. But if we are to base our assumptions on history, we are going UP till the tax man comes.