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.

No Picnic Basket Needed (by Mark St.Cyr)

By -

This week was a strange week for anyone that just started opening
their 401K statements again. For those that are new or been trading for a
few years, this week certainly holds up to what must seem as a “once in
a blue moon” event.

Imagine what this week must be like when seen through the eyes of a
16-year-old day trader that’s accustomed to racking up over 30%
annualized returns. Obviously something must be wrong. If not how else
can the markets go down 2 days in a row? I mean – “OMG!”

Of course I’m being sarcastic yet – not by much.

(more…)