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.

Get Off the Mat

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Well here are eight words I never thought I’d type: I’m sick of stock prices falling every day. I mean, yeah, it’s been a great quarter (just eight trading days left……) but I’d like us to turn the corner of this thing. You already know the reasons why, so I won’t belabor them. But even with – – what is it, $6 trillion in central bank and legislative commitments already, with $1.5 trillion last night from the ECB? — this poor, diseased market can’t seem to get up off the mat.

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Minnesota Flats

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I’ve been trading for a third of a century, but until this month, I had never experienced a market halt in my life. I think this month with got all manner of circuit-breaker events (limit up, limit down, and market halts). A moment of silence as we commemorate this momentous occasion……..

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I will also express astonishment………..jaw-dropping, mouth agape astonishment………….that the $1.5 trillion the ECB just hurled at the market has been received with a giant “so what?” and the ES and NQ are once again in an unrestrained free-fall.

The era of central banker dictatorship IS OVER. It’s a shame Yellen and Bernanke won’t be held to account for their sins. At least not in this world.