In a market like this, I’m a fool. In years to come, I will be considered a prophet (I hope so, at least!). I prefer the prophet, I’ve got to tell you. It was a cool little business, and it’s a cool little role – – ex post facto, of course. Being bearish in a world where a firm like Twitter can garner a $25 billion valuation is no walk in the park. Try it sometime. (And as for the likes of Nouriel Roubini, they’re going to claim to have been bearish, but that’s a crock of crap; they turned coats long ago). (more…)
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.
Lucious Longs (Even at These Levels)
As an aside, I am part of a very cool collection of interviews with traders you might want to check out here.
‘3P’s’ Supporting Massive Market Speculation
Policy, Profits and Propping… that is without a doubt the underlying fundamental support for a massive and growing phase of market speculation that becomes more dangerous with every week that it lurches forward. Once again, the chart that proves this in no uncertain terms: (more…)
Friday Cheers
Twitter Buyers, Take Note
Want to see the stock chart of another widely-touted relatively new high-tech IPO of a firm with no profits? Look no further than Rocket Fuel. I think it’s safe to say that Twitter buyers can look forward to a similar price chart, once we move a few months down the road. (more…)
