Leveraged long here with an FAZ starter. Banks look worst out of all the sectors, aside from healthcare. But I will not short healthcare because it’s too fucking glitchy.
Truth is, the market needs to head higher now in order to set the groundworks for the opening salvo of the GREAT CRASH OF 2022, starting the first week of January.
Are you ready for the fires?
101% leveraged long, 5% FAZ — +16bps and counting.
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Dr. Fly, in a previous post, you mentioned a 15% position in TZA. Does that mean you’ve allocated 5% of capital to TZA but with the 3X impact it implies a 15% position, or is it 15% of capital itself? Thanks as always.
He won’t tell you cause he’s full of crap