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.
Market Wisdom from NCFOM
Ed Tom Bell: The crime you see now, it's hard to even take its measure. It's not
that I'm afraid of it. I always knew you had to be willing to die to
even do this job. But, I don't want to push my chips forward and go out
and meet something I don't understand. A man would have to put his soul
at hazard. He'd have to say, "O.K., I'll be part of this world."
Wendell:
We goin' in?
Ed Tom Bell:
Gun out and up.
Wendell:
[Wendell draws his pistol] What about yours?
Ed Tom Bell:
I'm hidin' behind you.
Ellis:
Whatcha got ain't nothin new. This country's hard on people, you can't
stop what's coming, it ain't all waiting on you. That's vanity.
Fan Lines at Work
Just a nice example of the beauty of fan lines. Here is AMZN. Touching the underbelly of that fan last week was the last straw. It's been tumbling ever since.
IAFT
At last, things are going my way. Yesterday I could feel things start to turn around, and today my portfolio is rockin'. Most of my short concentration is in energy and gold – I've got a million bucks of shorts on those ETFs. Those are going to be core positions until I feel the selloff is over, at which time I've already got a nice long list of buys at-the-ready. Here's USO as an example:
