I think something like this:
(a) stabilization over the next few days;
(b) a push of 5% higher;
(c) Doodie—–>Fan
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.
Never Again
I consider yesterday's experience of watching my profits explode higher while being unable to trade due to the computer/trading platform being slammed to be really dreadful. I never want to go through anything like that again if I can help it.
Yesterday I got myself the fastest laptop I could find, and its sole purpose in life is as my execution platform. So now I've got three separate computers, five separate monitors, two Internet connections on a special router for redundancy, and a battery backup. God help me if I'm going to let technology get in the way of trading. Never again.
Sempra Energy
I am covering many, many short positions, but probably about fifty are going to survive. One of them is a beauty – check it out.
Marcel Marceau
I am probably not going to be doing any posts during trading today. I am far too busy. As guest posts arrive, I'll put those up.
I am totally short now, including a large GLD short position. Good luck out there.
UPDATE: I will say one thing…………..and this is Tim the chartist, speaking as a neat-freak. I am really discouraged at what a shambles yesterday's action has left charts. It is VERY hard to overlook this freaky bar on every stinking chart. I thought September 19 2008 was whacked, but today is worse. It makes the chart messy – – – in a few cases (HHH), unusable – – – and it's distressing to me as a purist about charting. BLEAH.
