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 First Supper

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Well, the first Slopefest is now history. We had a group of sixteen, and we drank, ate, and talked for four fun hours here in Las Vegas. It's been a long day, and I'm getting caught up on computer stuff, so here are a couple of snapshots from the festivities. Thanks to those of you who came!

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In attendance were Vittorio, KC, Leisa, humbledukes, Fergie, Giledain, biffermas, Baby Dragon, DaveMcD, doolie, wing, and gary_savage, along with me and some Slope spouses. What a great crew! I'm sure there will be many stories shared in the coming days.
  

Detour to Slopefest (by Nathaniel Goodwin)

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Trying to drive from NY to Vegas nonstop in a 1980's Fiero turned out to be not such a great idea. I must have pushed Darla (my Fiero) a little too far because she caught fire last night in Utah. I panicked and tried to swerve off the road getting her stuck underneath an 18 wheeler. It dragged Darla and I 300 miles off course.

Sparks and flames were everywhere, I was screaming and honking the horn until the fire melted through the electrical harness. I felt helpless as my beautiful Darla melted away while I was in her; it was the worst six hours of my life. The truck driver didn't even realize we were stuck underneath until he pulled over for a BJ at some rest stop. He apologized and offered me a ride to Vegas, right away I could tell he was pretty strung out on caffeine and methamphetamines.

I had nobody to call or any transportation, so I took him up on the offer. He's sitting right next to me as I type this, and he's starting to creep me out. He quit talking to me a few hours ago and starts laughing and giggling to himself for no reason. I asked if I could play with the radio or toot the horn, he just ignores me like I'm not even in the cab. Hopefully we'll make it to Vegas soon.

On a plus note, some of my shorts are doing ok on a day like this. SD isn't up 6-10%, it's still looking pretty good as a short. I would like to go long SD if it gets down about $5.00.

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Crank your volume up. Darla, this one is for you…

The One Graph Left to Break

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There's one and only one worrisome chart I saw this morning, and that is $XBD (the broker/dealer index). If it busts above the highs shown via the horizontal line, the bears are in trouble. If we can get beneath Thursday's low……….it's the end of the world for our bullish friends. I'm counting on a break. Of course, since some investment banks are able to make statistically-impossible returns, one never knows.

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