I think today officially qualifies as a "bad day." The market exploded to new highs, and my beloved she-wolf, Nikita, died after fourteen years. I'm not going to post anymore today, but I'll see you in the morning. In honor of my sweet girl……..
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.
Semiconductor Ultrashort
I realize in this environment how unfashionable it is to suggest ultrashorts, but I like this one, and I've bought it.
This will probably be it for me today. Me and my family need to say farewell to our older dog, so I'm obviously going to be focused on that.
Going Long TBT
I'm buying at these prices. I'm setting my stop at 49.34
The Laser Solution to this Market
Important Channel
The S&P is just beneath its broken channel, which I consider quite important. I still remain short-term bearish.
Want to hear something sad, though? In my 401-k account, my ORBC position's profit is exactly matching my QID loss in that account. The thing is that my QID position is ten times larger than ORBC's and is an ultrashort, whereas ORBC is just a regular stock. That just goes to show you how potent these lottery plays can be!
