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.

One Central Planner To Rule Them All

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Yellen astounded everyone yesterday when she revealed herself as a dove, and made reassuring noises about the Fed’s willingness to spoonfeed and change nappies for equity investors into the indefinite future. Who knew? I just thank my lucky stars that I’m fortunate enough to live in the free market west where we have the world’s best and most open-handed central planners.

SPX broke back over the daily middle band at the close yesterday, and and long as SPX can hold that as support now on a daily close basis, I’m expecting at least a retest of the all time highs. SPX daily chart: (more…)

Famous Encounters

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Now that – thank God – the Fed decision is out of the way, I thought we’d try a fun little project: let’s share stories about when we met (or bumped into) someone famous. I’m not talking about paid-for gigs (e.g. “I saw Paul Simon at the Paul Simon concert!” – – which, umm, I did, and it isn’t worth reporting) This is about chance encounters. Slopers are a diverse bunch, and I bet there are some interesting tales floating around out there. Here, I’ll begin, and I hope you’ll understand that, for obvious reasons, they tend to be tech-oriented:

Joe Montana – As some of you may recall, I wrote my first post on March 29 2005 from the Ritz in Cancun, Mexico. I had sold Prophet just two months earlier, and I had taken my wife and children on vacation. I remember Joe Montana took the elevator with us and counseled us to enjoy our kids since “they grow up fast.” As much of a cliche as that is, it certainly is true. I have no interest in sports, but I instantly recognized him, and we all pretended that he was just a regular guy. (Oh, and it’s true what they say – – celebrities are shorter in person!) (more…)