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.


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It's been a crazy day. I woke up to a mountain of users that wanted to test my new product (I'm turning them away now, so please don't send me any more NDAs). I had a ton of long positions which I sold (profitably!) and a ton of short positions to enter. And, of course, I had the blog to nurse along. To say nothing of continued development of the aforementioned new product.

I'm going to do a market video later. For now, let's stand down the missiles. I need to do some general catching-up, and I'll do a nice video for you. Promise.


The Euro Crumble Continues

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Ummm, I thought we'd get a few weeks – maybe even a few months – of a rally in assets, but it seems to have lasted about as long as a 16 year old boy at the end of a really successful prom date.

I sold all my longers earlier today (almost all of them profitably, particularly TBT), but I am remaining cautious on the short side. As of this writing, I am 30% committed, 70% in cash. It's pretty stunning how the Euro is simply unable to get off the mat. Here, yet again, is my long-term target for the Euro: