I hardly even know where to begin this post. I’ve certainly been thinking about it a long time, but I don’t think I can do the subject matter justice. Perhaps I’m overestimating its importance, but it matters a lot to me: today marks, to the day, the 10th anniversary of the Slope of Hope.
Watching markets collapse is the most fun you can have with your clothes on……….and there’s no blogger out there who’s been more consistently bearish on energy than little old me. Here’s what the front month of crude oil looks like shortly into Sunday’s trading (who knows where it will be by the opening bell, of course……..)
Just two days ago, I did a post called Biddy Biddy Bounce. Here’s the chart I provided: