We were overbought and now we are working it off. My best guestimate puts the S&P 3-4% lower before we are oversold. However, that will not scare me out of my positions, as it is my custom to ride through shit storms. As you know, I own TZA on two occasions, one was the initial purchase and the other an average down. I should have bought my third and final tranche yesterday; but I was preoccupied eating almonds all day.
I did warn you about gold and silver, didn’t I? Your heads must be made of cement and metal to ignore the warning signs. Don’t worry, it will be a buy soon, at lower prices.
Finally, I’ve come to the conclusion that moving down south is not possible for Le Fly. Frankly, the level of sheer ignorance is too high in many of the places I’ve scouted. Unlike others, I do not base where I live on tax burdens or political ideologies. If I were to do so, I’d live in Greenland. No, I will pay my taxes, albeit a very high amount, and adhere to the laws of the state. I’ve concluded that New Jersey is my best bet, for a variety of reasons. Mostly, I appreciate the close proximity to NYC. I only tell you this to dissuade you from sending me ridiculous brochures through the email, pitching your state to me. Governor, I spit on your state and shit on your flag.
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