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 ABCs of Patience

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In the middle of December, six months ago, the Dow Jones Composite was at about 6225. Today, it closed at about 6225. So, for an entire half year, we have gone precisely nowhere.

This is not to say, of course, that there has been no movement in that half-year. Up, down, up, down, needlessly moving this way and that, and not really going anywhere. It’s been vexing, annoying, tiresome, nettlesome, and basically a big fat pain in the ass. Days like today exemplify it. The market just won’t break, either to the upside (which would be awful, of course) or the downside (which I’ve been waiting for since Millard Fillmore was in office).

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Try to Spot the Trend

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0616-es

It’s all well and good that things are heading lower, but God in heaven, I cannot stomach these countertrend moves. They’re annoying, they’re tiresome, and in the end, they’re a waste of everyone’s time. Just break and get it over with! Most of all, we need to break that midline that’s been the bane of my existence. I’m sick of waiting, Mr. Market. Greece is clearly about to blow up. Recognize that and let’s get some action, Jackson.