Slope of Hope Blog Posts

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What We’ve Been Waiting For

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Well, it's 4 in the morning, and I can't sleep. The meltdown we've all been anticipating is finally starting to kick in (and I'd say a certain other financial blog owes me a massive apology at this point).

My belief is that we'll claw our way back to around 1287, and then the real plunge will kick in.

My only disappointment – and it's a big one – is that I'm not even more short. I've got 9 longs (all of which I'm sure I'll hate at the opening bell) and 48 shorts, one of which is medium (GDX) and one large (SPY). It'll be a bittersweet day for me, I'm convinced.

0315-es