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

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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.

IAFT

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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:

0728-uso