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.

Hunkered Down

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There probably won't be all that many posts during trading hours today for several reasons:

(1) The market is – at least as I'm typing this – down hard, and that's going to occupy a lot of my attention;

(2) The overpriced dimwits at Palo Alto Utilities are shutting down my power for four hours, and I'll be doing all kinds of MacGyver-ish manuveurs to keep my trading systems running;

(3) There's no guest content in the hopper.

So you can occupy your time by clicking ads (which has been awfully sparse lately!) or chatting amongst yourselves. See ya later!

0711-outage

Buon Giorno!

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Just a quick hello from Tim in the wee hours of the morning. Given Friday's peculiar behavior (down hard on wretched employment numbers, and a dazzling reversal in the final portion of the day), I was very curious to see what Sunday/Monday would hold.

So far, it's "holding" very little – the Euro and ES have been inching down continuously since Sunday evening's open, and as I'm typing this, the Euro is down over 1% and both the ES and NQ are deeply down double-digits (how's that for cheerful alliteration?)

Late Friday I had 64 shorts and 1 huge long. Thank goodness I decided to sell the long shortly after the closing bell. I have dozens more shorts of interest to me today to amp up that position.

0711-es