Here’s another one of my (many, many) short positions, and it’s sporting an inverted saucer which I like. The firm is Post Properties (as if that mattered).
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.
Watching the Correlation
Those of you good people who read ZH are well-acquainted with the eerie correlation between the EUR/JPY and the S&P 500 (of all things). The “carry trade” is so screamingly obvious, it’s nauseating; it’s almost like they don’t even need to bother having separate markets: (more…)
We Eat Nectar
There’s probably nothing more important to the future survival of equity bears (Earth’s most precious resource and by far its most endangered species) than for interest rates to push higher. I am therefore watching ZB closely, day to day. The worse ZB gets, the better my prospects become. So far, it is adhering nicely to a sawtooth downslope. May it continue to do so! Breaking above 133.31 would damage this pattern. (more…)
Ten Sixty Eight or Bust
The local coin dealer in town has been using their “Gold Is On Sale!” ad in the Palo Alto Daily News for months now. Back when gold was approaching $2,000, the tone of their ads was quite different. These days………and they are very careful with their words….their ads speaks about how gold MIGHT be just pausing in a huge uptrend, and PERHAPS it would be a good time to buy gold. I think there’s still plenty more room to fall, but when it gets to $1068, I plan to pounce. (more…)