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.
Another week where hard work, careful analysis, diligent attention to stops, and active trading have yielded thirteen dollars and seventy-six cents.
In any case, it's Friday, so unchecked pandemonium takes over "my" blog and the recovering alcoholics that crowd in during evening hours take over. If you're still sober (and use Facebook), please become a Slope of Hope fan. It'll be interesting to see what we can do on a Facebook page (and I think this is a much more private method of creating a community than simply "friending" me, as I suggested earlier today).
The most serious crime I've ever been the victim of in my life was the 1993 burglary of my startup, Prophet Financial Systems. It just about destroyed the business, and it took me over a year to recovery from the damage.
In my personal life, I've been spared crime, by and large. But last week, for the first time in my 19 years of living in The House That Charts Built, one of our two cars was burglarized. It was a very easy target, because the doors were unlocked. The lovely fellow who did the deed got away with our GPS and camera. Total loss: about $1,000.
Mrs. Bear was understandably upset about this (and promptly got replacement equipment), and I pledged never to bellyache again about her habit of locking the doors of the car at night.
Well, just about an hour ago, I strolled out to the driveway and saw the other car's doors were wide open. Yep – sure enough – the same guy came back and rifled through that vehicle. (Luckily, there was nothing of value to take, and the van – – with its new GPS inside – – was locked and undisturbed).
So the withering of the economy is starting to literally hit home. I live across the street from a former NFL linebacker, and I'm thinking of paying him $5,000 to wait up all night with a baseball bat to introduce himself to the clown who keeps prowling our street.
Well, this is nerve wracking. I've had the same nice profit staring at me all day, and with 100 minutes to go, I keep waiting for the Forces Of Evil to come along and take a swipe at it.
Anyway, here are some more specific short ideas with stop prices:
I just read this column in the New York Times by David Brooks – well worth your time.
Also, I am (ever-so-slowly) letting it be known I've got a Facebook page for Slope. I've got some interesting plans for it, but for now I'm just encouraging Slopers who use Facebook to sign up. Just search for "Slope of Hope" (clever, eh?) and you'll see me – – and add me as a friend! God knows I could use some. Plus you could see the other smart and fine-looking men & women who are your fellow Slopers!
Yesterday I did this post on going long TLT (which received a charming comment………)
Horace's somniferous nature notwithstanding, I'm wondering what thoughts are out there about TLT's potential. I'm thinking possibly up to the high 90s – nearly $100. This is my largest cash position, and I'm up 2.31% since yesterday, so I'm interested in feedback.
If the *&%$#@%$ /ESM9 can cut below 927, we're on our way to 880 in a big hurry (at which time we'll have a different range-of-torment to deal with).