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.
MacGruber Returns!
On another devastating day like this (for the bulls), I thought this would be appropriate:
Gold Bugs Beaten to a Buy
Not that my bullishness has served me well at all recently, but I must keep an open mind. The $HUI looks like an interesting buy. I'd love to hear opinions on how best to go long this. Here's the chart:
Let Them Die
I'm sickened that the so-called Big Three automakers are whoring their way to Washington D.C., hats in hand, seeking a $25 billion bailout. I've had zero respect for the U.S. auto industry my entire life. It represents the worst of American business:
- Overpaid, incompetent executives
- Bloated, corrupt unions
- Fat, dim-witted, self-entitled laborers
- Crappy products (I've never bought an American car in my life)
- Welfare-state mindset
Given that the U.S. seems hell-bent on a course of financial self-destruction, the logical next step is for them to give in and hand Detroit what it wants. The smart thing, and the right thing, is to let Free Enterprise (remember that? anyone?) take its course and let these organizations die. That's how business is supposed to work.
America makes great software. Great computers. Great inventions. Great pralines. Great hamburgers. But the city that gave you the Pinto (or the Aztek, for that matter) doesn't deserve to be propped up.
LH a Good Short
I haven't done just a plain, simple, single stock suggestion in a while. Here's a beauty.