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 AAPL/RIMM Ratio from 2008 to Present
One More Preparation Made (by Gary Tanashian)
Since becoming concerned by the unnatural imbalances being placed upon the financial system in 2002 and becoming outright alarmed by 2004, I have done all I can do to get my house in order, so to speak. This, as a normal citizen and business owner has included normal things like paying off debt and seeking out the safest cash vehicles (and for this I'll always thank Robert Prechter, no matter what criticism is launched his way from casino patrons), and some abnormal things like becoming a gold bug and a financial market writer.
Today, the requested change (to revoke margin 'privilege') has gone through on our brokerage account, which doubles as the NFTRH 'capital preservation' portfolio. I mean, in the wake of MF Global and years of knowledge that the modern financial system is ultimately sitting on a foundation built of Balsa Wood and Duct Tape, who needs the convenience of margin anyway? Routinely shorting the stock market is a fool's game anyway. I'll use options or those inefficient short funds if I feel a need to hedge. But this account is for 'preservation' after all, as it is balanced by actual things of value in real life, so going high cash and T bills – as it is now, along with a very few investments – is by far the preferred route.
Emerging Turgid
In honor of The Hun's postulate that emerging markets were the buy of a lifetime, I offer you my latest short idea – EEM – which I've shorted at 43.87. I've placed a stop at 44.25, just above the prior gap.
May The Hun be with you. Always.
Russell at Last Line of Defense
I see that the EWI January 10th "wave 3 is starting" short has been stopped out as of today (S&P cash crossed 1360). Who knows, maybe that's a sign. In any event, the Russell 2000 is mashed right up against its descending trendline. Everyone seems to be in deer-stuck-in-headlights mode since this Greece this is going to be settled (oh, absolutely! no delays! this time for sure!) on Monday……..a market holiday.
