Well, I’m back from a family trip to Denver, where we had a successful fencing tournament. I am heartened, now that I am back in front of my computer screens around midnight on Sunday, to see commodities continue to crash and burn. To my way of thinking, commodities represent the unvarnished truth about the world economy, far more germane than, oh, say, Facebook, Amazon, Netflix, or Google (just to grab four names out of the air).
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.
Sunday Shoulders, Part Two
I was going through my multitudinous short positions in order to dream up some good content for an otherwise quiet weekend, and I noticed quite a few of my positions were head and shoulders patterns. Some are more “textbook” quality than others, but I’ve augmented each chart to make the pattern more clear. Here’s the second set:
Sunday Shoulders, Part One
I was going through my multitudinous short positions in order to dream up some good content for an otherwise quiet weekend, and I noticed quite a few of my positions were head and shoulders patterns. Some are more “textbook” quality than others, but I’ve augmented each chart to make the pattern more clear. Here’s the first set:
Slim’s Market Week
The Ping Pong Paradox
Nearly five years ago, I wrote a post called Color and the Mania in this Valley (you might want to re-read it; I think it’s pretty good). In it I mentioned how, many years earlier, a company opened up adjacent to my start-up, Prophet:
Next door to us was a startup called DoDots. They appeared out of the blue and had $20,000,000 dropped into their laps for a product which – as far as I could tell – was absolutely useless. It needled me that someone could dream up an idea – – and, in my mind, a really lame idea – – and, without a single dollar of revenue, let alone profit, get a check for twenty million dollars to pursue their “dream.” I admit I was a little jealous at not having that kind of cash at my disposal, particularly since I had worked hard on a legitimate enterprise for years.
