First the SOX cracked, then NFLX cracked, now FB looks like it will crack. Hopefully this adds some volatility to the markets for the next couple of months. I don't really care which way it goes, just so long as there are some violent swings to play out here. I'll be bummed if things stabilize the next few days and start another slow melt up the following week.
? He is holding the index in the form of leveraged futures, no different then a $140,000x1,2,3 etc holding of spy. Really no magic or dream here unless you are trading a $10,000 account. He is probably actually under performing being under leveraged holding the index. No color on how he works excess cash or the rest of his portfolio. You see the sizzle, it's really Golden Corral steak.
He's in bullshit, unless he's posting monthly broker statements. How can I take 600 pages of this seriously?