Short ES. Short NQ.
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.
When the Foeman Bears His Steel
Since you choose to reside at a cultured blog (unlike a couple of others I could name, but shan't), you need to participate in my vast array of eclectic interests. I've been listening to Gilbert & Sullivan for two days solid. This song captures the timidity that can seize a trader's heart. Play it in the background.
Here’s to Hedging!
The Fed has cut 50 points. No surprise.
My ES short and SDS long have saved my bacon. Phew.
Short Scotch Tape
This one looks pretty simple.
The Bullish Fever Eases
Well, after the close yesterday afternoon, you'd have think I sprouted horns on my head. But as I go through charts, although I still believe the year's bottom is in, I'm getting more and more cautious. I've taken the largest profits off the table, and I've accumulated a very substantial SDS position and a modest short position on the ES futures. I've also bought SDP and shorted DIG.
I know I'm repeating myself a bit here, but I just want to be clear I am very prepared for a major softening this afternoon, should one happen.
