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.
The picks were pretty good, if I may say so – – in two months, the worst performer is down 23% and the best is up 370%. Overall, as of last night, they were up 78.77% on average. If only I held them to this day (painful wince). Proof that really crummy-looking stocks, when battered that badly, really spring to life. And this was a full four months after the March low!
I took my two mombo-sized bets off the table – – DXD ($0 profit) and GLD ($2,000 profit). I have been p'whipped so badly by this lovely market we are in that I really want to play the FOMC event safely.
Be sure to have your Coke and popcorn ready at 2:15 EST. It's going to be quite a show.
It's very rare that I base a trade on anything except a chart, but after seeing this article, it occurred to me I should be short YHOO.
I've never liked Yahoo as a product. I've been online forever – – via modem starting in 1981, and on the Internet starting in 1995 – – and I've never used Yahoo for anything except to check out financial news. Why anyone would have ever used their search engine is utterly beyond me.
In any event, it's an interesting article, and I agree this company is on an inexorable path to lameness.
Friend-of-Slope and author of ETF Corner Royal With Cheese sent me something very interesting this morning. It's what I wrote on March 8th, at the very bottom of the market. I'll let it speak for itself (the "last paragraph" I refer to isn't show in this text, but it's basically a really angry "we're gonna get you bulls" that I had written at the very top of the market in 2007………….):