You know it's a bad day in Tim-land when I'm dragging out my lottery longs, but that's what today is like. My 401-K positions are my only bright spot. Here are a handful of them; you can see all of them in the watch list labeled Long Positions (1 of 3) in the right column.
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.
TBT Was a Good Trade
If you thought my idea to buy TBT two days ago was good, and you're holding, you might consider taking profits. Since I'm an idiot, I sold my TBT on Monday at a small profit, avoiding the nice 6% runup in the span of merely two days. Anyway, it was a very good trading idea, poorly executed by yours truly.
Knees and Toes
Referring to my Trading Rules page:
accompanies reversals against your positions. My state of mind, when
trading, will be carefree and fearless, and my total focus will be
technical considerations and I will only trade what I see.
Well, the second part was a few days ago, and the first part is, uh, about right now.
Keep in mind we've been in the same trading range of about 860-950 since April. Bears and bulls have been bouncing between these levels for what seems like an interminable amount of time. I truly thought we were ready to sink beneath it, and I was positioned as such, and the past three days have been very painful.