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.

The Merry Month of May

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Truly, I hate for the theme of every blessed day to be Wow Isn't This Market Awful?, but that's pretty much what I've got to say. You know where the $NDX was a month ago? About 1420. Do you know where it is today? About 1420. We've spent the entire stinking month whipsawing everyone to pieces. Both bulls and bears alike are knee-deep in whipsaw dust.

And if you look at the /ES, you can see how – in the words of Elvis Costello – it seems to be "spluttering to a stop":

Will this thing just flatline at 900 for the rest of eternity and we can all just go home?

As I've mentioned (ad nausem), I've never worked so hard just to tread water. One more day of this lousy month left. I've had it with 5/2009! I think I'm done for today.

UNG!

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Well, another day, another dollar. Literally (well, not quite but close). Another day where I felt like I was in the middle of an all-out war, and at one point I had huge profits, but by the end of the day, I have a small gain to show for all my trouble. Reallllllllly getting tired of this, powers-that-be.

Far and away the brighest shining spot was the natural gas ETF (UNG).

The great mystery, of course, is will this set folks that are long (like me) up like it did in that tinted section? In other words, is this a one-day wonder only to be following by the resumption of the grind downward? Or is a new bull market for UNG?

I'm holding on to my position, principally because the steady surge in volume over the past couple of months makes me think that – – dare I say it? – – it'll be different this time.

Anyway, today was exhausting. I'm going to stare at something besides charts for a while. I'll almost certainly be back later.

Oh, and if SRS were a person, I'd strangle it.

Help Wanted

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Since I don't want to get buried in emails, I'm going to try to phrase this in as narrow a way as possible…….

I am moving from the current blogging platform I am using (of my own design) to Typepad. For probably no good reason, I'd like to port over 2009's content along with that move, and I need some fairly low-tech help doing so.

This really involves nothing more than:

  • Cutting/pasting the text
  • Moving the picture files over (a decent amount of computer experience will help here)
  • Glancing at the post to put any appropriate symbol or content tags in there

This is basically something a decently-sharp 14-year old with a good work ethic could handle. But I need it done over the next couple of weeks. And there are hundreds of posts, so it's pretty much a full time gig for a week or two.

If you know of someone (or if you yourself) would be interested in this, let me know. I'm going to pay for this out of my own pocket, so this isn't going to make anyone a lot of money, but it beats mowing lawns. The work is probably going to be pretty tedious, although an inate interest in the content will probably make it less grueling.

Sorry for the content-free post, but I need to get this done, so I thought I'd get the word out.