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.
Hope Springs Eternal……..
Perhaps Paulson and his gang of thugs can be stopped. Perhaps America can save itself. Perhaps the United States Congress, having been cowed by Bush for most of his administration, has finally learned to shove back. Maybe there's hope.
Wow, He Can Sing Badly Too!
Artful Dodger
I am having trouble coming up with the words to describe how well
today is going. I just got out of a $300k QLD position (day trade) with
great profits on the quick upsurge in QQQQ, and I am now out. I have no
index positions of any kind now. Just trimming positions at this point
and tightening up stops.
Time for some happy music! Yeah!
Correction on Paulson
A number of folks, including a colleague of mine, have gently chided me for providing incorrect information about Paulson. Apparently he was required to divest himself of Goldman Sachs stock in the summer of 2006 after all (he probably wasn't thrilled to see the price nearly double after that, but in retrospect, he got out at a pretty good price – – and with taxes deferred, no less!). Thanks Andrew, Rob, and Jonathan for letting me know.
In my defense, I got the information from the New York Sunday Times business section which, let's face it, is usually a pretty good source. Maybe I missed some fine print, but in gigantic type they had the $500 million figure underneath Paulson, representing the value of his GS holdings.
Oh, and here's some footage from the hearings today you might enjoy.
