Long Citrix Systems (CTXS):
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.
My Short-Term Market View Has NOT Changed
My view hasn’t changed since the middle of October. …this market is set-up for a nice decline.
And so far, while my view hasn’t been realized, the market hasn’t rallied further. In fact, the tight trading range at all-time highs has proven to be an excellent area to sell credit spreads. Moreover, I think the major benchmarks could be trading at levels that offer a wonderful opportunity to take a few short-term aggressive plays like buy a few puts. I typically, don’t buy options, but at these levels it’s hard to pass up…and we’ve actually had very good fortune buying puts over the past month. So, if you are a subscriber, stay tuned because there is a very good chance that I will be adding to our December positions tomorrow. (more…)
A Breathtaking Confession
Some of you may have seen this astonishing article in the Wall Street Journal (of all places). It is an amazing expose of the Fed’s QE program, inasmuch as an insider declares that it is, in his own words, “the greatest backdoor Wall Street bailout of all time.” (more…)
Two More Fantastic Breakdowns
