Slope of Hope Blog Posts

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.

Something’s Up with SRS

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OK, let's face it – on a day when the Dow skyrockets way over 200 points and everything in the world is up, it's pretty danged impressive for an ultra-bearish fund to show green. I present to you everyone's favorite widow-maker, SRS, the ultra-short real estate ETF:

0209-srs 

It's all too easy to beat one's chest about shorting when the market is getting creamed, but today – when the market was going ga-ga over Greece, I was shorting more. The above looks particularly enticing for my own account.

Greece is the Word

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Well – here's our bounce! And it's a doozy. We've rocketed about 30 points on the /ES intraday from the lows. Is it because…….

+ Millions of sustainable, good-paying jobs were just created?

+ Earnings across a wide swath of industries are about to explode higher?

+ Worldwide peace and prosperity has been declared?

No. It's because a bankrupt country is being bailed out by some other bankrupt countries.

Carry on.

0209-greece