NASDAQ today listed a new etf
YRAG. This etf basically aims to replicate 300% of the inverse performance of
GARY SAVAGE. Since Savage frequently dabbles in 3x etf, you get up to 9x
positive returns. Over the past 7 years YRAG would have been up 70,000% with no
negative periods. Past performance IS a guarantee of future performance in this
case.
To understand this ETF better
please see Glossary below.
Glossary
1) Dumb-money: Everyone except Gary Savage
2) Smart-Money: Gary Savage. Smart-Money accumulates
positions often decades ahead of the up-move.
3) Red-Arrows: Shows the most likely direction the
shown stock/etf/Commodity will NOT take
4) Trial Offer: A $1-$10 special that will land up
costing subscribers 10,000 times as much.
5) Bubble Phase: When subscribers get gas due to
indigestion following large losses.
6) Mania Phase: Follows shortly after when Gary gets
the occasional call right.
7) Baby Bull: When Gary lays it on thick, but not
too thick.
8) Retail: The ones that Gary lures in.
9) Bankers: The ones that actually make money. They
neutralize every good move that Gary makes. It is estimated that Gary would be
worth 73 Quadrillion if not for the bankers.
10) Model
Portfolio: What the returns would have been if Gary actually lived
in Squirrel Pant pressing land.
11) Terminating
Model Portfolio: An event that happens at least once in 3 months
usually on a weekend. Model portfolios are reactivated within 3 weeks or 12 blowjobs, whichever comes (pun intended) first.
12) Stops: Retroactively
decided prices where Gary felt it best to to have exited in hindsight.
13) Undercut: Second
chance to offer “Trial Offer” to “Retail”.
14) Old
Turkey: A haggled subscriber who is usually 90-99% underwater on
his 3X ETF purchase.
15) PPT: A group of individuals who spend every moment of their lives keeping the stock market from going down and take a break only when Gary goes long leveraged SPY products.