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.
Trading colleagues online are a surprisingly disloyal bunch. After Friday’s mega-reversal, the cat-calls and chortling began anew. Even BDI was declaring that the “President’s working committee” would “teach me a lesson.” So I guess I’m on my own again. The last bear standing.
I wanted to make a point beyond my own lonely role, however. I offer this chart, with some commentary beneath:
Even I can hardly believe what a dog BOX has become. I first wrote this snarky post about the freshly-launched IPO. Well, the price at that time (marked below with a red arrow) was terrific compared to where it is now. At this point, even in the context of a completely fake bull market and Friday’s laughable comic market reversal, the stock is down 53% from its IPO high. The path to zero is firmly in place.