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 Russell Crows

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The market ceased its delicious fall early this week, and it’s been a miserable rocket-shoot ever since (excepting, of course, for kookapolis). I am trying to stay my hand to avoid shorting aggressively too soon, but gaps are being approached left and right. The Russell is particularly strong today, and I am watching this gap closely to get very short for the quarter ahead. I really don’t think three days of┬átrading weakness constituted the Great Bear Market of 2013. (more…)

Day After Day Their Love Turns Grey

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Yes, there are going to be bounces. Yes, sentiment is in the doghouse. Yes, we are really, really oversold. But the notion that gold is somehow a steal right now is, I think, misplaced, and people keep trying to catch this falling knife, sometimes with both hands. I think we could see gold threatening $1000 before the year is over (although $1050 is my best guess for a bottom). My point is that this is a very dangerous creature. (more…)