Use fear as opportunity

Those who survive will come out stronger.

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Quick takes:

• Use this draw-down as an opportunity.

• The markets collapsed Thursday from leveraged ETFs (SQQQ & TQQQ) selling $15bn and option dealers selling huge amounts of gamma into the market.

• The Fed will NOT let pensions explode and create a massive retirement crisis in order to fight 8.5% inflation.

• Inflatio…