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.
Regular readers know I'm a bit of a stickler for reasonable grammar, syntax, and spelling. I'm far from perfect, but I strive for at least a solid 6th-grade level of English here on Slope.
One of the many things that Americans don't seem to grasp is the difference between an analogy and a metaphor. Broadly speaking, analogies can be any of a wide variety of constructions, including similes and metaphors. But from my point of view, metaphors and similes are not the same as analogies.
I am ashamed to admit (as I already did in the comments section in the wee hours this morning) that I woke up at 3:30 this morning, worried to pieces about the Big Vote In Germany. Once again, I had this vision of the Dow gapping up 1,000 points and having my profitable quarter killed just hours before the close.
This "end of quarter" stuff is psychological torture. I hate it.
Only seven trading hours to go until the end of the quarter. Just seven more hours.
In any case, the green arrow marks the point where the German government overwhelming passed Euro-TARP. And, gee willikers, you can see what an amazing and astonishing hockey-stick explosion to the upside it made for the Euro. Goodness gracious me, I sure was smart to be worried.
We need to get it through our thick skulls – or at least I do – that:
(a) Greece is doomed;
(b) The Euro is doomed;
(c) The S&P will hit 1050 within weeks;
(d) The Dow will be under 6,000 by early 2013;
(e) All these votes, referendums, court rulings, and rumors are just a total and complete distraction from the steady drip, drip, drip that is going to take place to all assets as they waste away.
Shame on me for worrying. Shame on me.