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.

What a Ride……….

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Well, THAT was something, wasn’t it?

I’d like to recount the past 24 hours for me. Just a way for me to share some thoughts, for whatever they may be worth. Perhaps there are some insights buried in these words for others so that it’s not just a self-absorbed narrative.

As regular readers know, I had taken on the decidedly un-Tim-like stance of turning bullish. To be precise, last week I reduced my short positions from 90 to 30, increased my long positions from 0 to 4, and had reduced my overall exposure from 300%+ to 135%. In short, I was ending the week with much lower risk, much lower opportunity, and an eye toward a bounce.

I was eagerly awaiting the open on Sunday. I kept scanning the news, and there was nothing particularly market-moving going on, with the exception of the radical-right nut job winning the Brazilian Presidency, which was actually kind of bullish. Even ZH couldn’t seem to find anything really big to worry about. (more…)

An Ode to Gorilla Glue

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This post has nothing to do with the markets. Nothing to do with SlopeCharts. It doesn’t even have to do with me prodding you into subscribing to a premium service.

Instead, it has to do with one of the greatest lies of the 20th century, which is as follows:

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