Congratulations to me: my year to date losses are now just 29%.
Thanks to the move in XON, I’ve cut down my losses to under 30%, which is entirely woeful by any standard north of Mexico. Go ahead and short the markets. Fall victim to your own idiocy, tricked again by the action in TLT. Let me remind you that TLT is going up because of foreign money and not because we are heading toward catastrophe.
Right now I am focused on two stocks: XON and JAZZ. I am looking over my lists (extra Santa) for new stocks to buy, ones that go higher and make people rich. As soon as I figure this stuff out, you’ll be the last to know.