Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
I'm starting to wonder if I should more aggressively pursue the domain WallOfWorry.com since I keep focusing on bullish ideas instead of bearish ones. Anyway, I bought a largish block of URE earlier today. My chart-brain (bullish on this) conflicts with my state-of-the-world brain (real estate?!?!!?!?!?), but this is one of the finest charts I've seen in a while. A break above $6.99 would totally seal the deal.
Well, this is what it feels like to be in a plane with a shattered windshield and no instruments functioning. The charts have been down all day so far. They're getting close to having them fixed, but until then, we're just going to have to talk amongst ourselves……….
After seeing it mentioned many times in the comments section, I finally bought and started reading Fooled by Randomness, which I am enjoying tremendously. I just finished Section 1 of the book.
As I was reading it last night, a quote on page 126 just about knocked me off my feet (and would have, were it not for the fact I was reading it in bed). It is as follows:
A theory that does not present a set of conditions under which it would be considered wrong would be termed charlatanism – it would be impossible to reject otherwise. Why? Because the astrologist can always find a reason to fit the past event, by saying that Mars was probably in line but not too much so (likewise to me a trader who does not have a point that would make him change his mind is not a trader).
Can you imagine what two words instantly sprang to my mind? They rhyme with "Melliott Crave." Not to say that I've reached any kind of final conclusion personally, but I've got to say again, those words really resonated in a way that I bet a lot of readers here can understand.
