Things fall down.
People look up.
And when it rains, it pours.
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.
I’m Stanley Spector
Sweet Jesus. On a Biscuit.
The bears were right this whole time. That's been proved beyond a doubt.
You're thinking the same thing I am. The Bald Brothers are going to pull the one trick they have left out of the book: a surprise interest rate cut. Anything to goose the market.
I closed half my index puts before the close for an obscene profit. I'm going to leave the other half exposed, in spite of the fact that I'm almost certain the darlings in D.C. are going to futz with the market on Tuesday.
I think the fate of the market is pretty clear at this point.
Congratulations to all Slopers on a fantastic day. I need to go collapse now.
July 15th Lows Taken Out!
The floor is gone.
Retracement Magic
Well, the Fibonacci bedazzlement continues. I closely watch the retracements on Merrill Lynch (MER) drawn starting in 1974. Where did the action top out today? A retracement line, of course!
