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.

Filling the Yearly Gap

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I’m not sure where Jack is, so I thought I’d put up a quick post.

Today for me, in a word, sucks. I came into the day heavily short, and as you might gather, that didn’t work out so well. I am deeply disappointed that, having survived the Draghi turmoil yesterday, I have to face a soaring market based on…………nothing.

At this point, keep an eye on the gap that started off the year. That’s a reasonable target for this ascent. The exact value on the cash index is 2043.62. I’ll return to sulking now.

0311-spx

The Nerve

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Kuroda, Draghi, and Yellen sure have a lot of nerve.

How dare these blinkered bureaucrats cause someone like me anxiety and stress? What business is it of theirs to threaten a normally-operating market and trouble a sweet soul like myself? I might as well be scared of a DMV clerk. These sickening, self-serving civil sycophants surely should have a special place in hell.

This morning was Exhibit A. Here I was, positioned with 125 shorts and 0 longs. I have said time again, we are in a bear market which started on December 26, 2014, and I have positioned myself to take advantage of it. And yet seven years of “training” the sheep have put the central bankers in a place of vomit-inducing power.

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