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.
Just a quick note to say we’ve spiffed up the “Home Page” for premium members. The idea is that when registered users go to SlopeOfHope.com they get a very simple, easy-to-understand launch point where the most important links are. As before, the menus items still work, but this hopefully will allow people to focus on the key stuff.
I am starting to see evidence of serious stress from investors based upon the tone of the some of the comments I am seeing in my articles on the market. Well, at least from those who did not heed my warnings.
In fact, even though I warned about this type of drop well before it happened, some investors were taking their anger out on me even though the market did exactly what I warned it would do. This suggests a high amount of stress being felt by many investors after only a 10% drop off the highs. Can you imagine what it will be like if we attained the full 20-30% correction that we see as a strong potential?
I have even seen commenters begin to channel Barron Rothschild, and say that they are buying because of the blood in the streets. However, I suspect that the blood they are seeing is likely only as a result of paper cuts or knee scrapes rather than any serious injuries – at least for now. In fact, we really have not seen any real blood since 2008/09.
I didn’t anticipate shorting Facebook, but after their big bump this morning, I couldn’t stop myself. It’s actually already profitable by almost 2.5%. My stop is at 156.41.
Good morning, everyone, and welcome to the last day of what’s been a terrific month.
There are TWO fantastic new features in SlopeCharts I’m going to write about later today. I’m very excited about both of them and look forward to sharing the details. They are free for EVERYONE to use.
I’ve got puts on a couple of markets that were the “flight to quality” trades during the big selloff. One of them is gold, which is down nearly $9 this morning. Precious metals can’t seem to get off the mat, no matter what the other markets are doing.
