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.

Un-American

By -

Those of you who have read my work probably have a decent sense as to my personal history and my own disposition. I’m not that old, and my maturity is anchored at around age 17 or so. However, my values are really old fashioned: I was an Eagle Scout. Worked hard from age 13 forward. Industrious and ambitious. Married my childhood crush. Had kids. Served the family above all else. The whole schmear.

I was also a patriot, almost to the point of jingoism. I loved images of Washington, D.C. I read the entire Declaration of Independence to myself every 4th of July. As a little boy, I would put on the actual army hat of Captain Knight, my father, who was in the Korean War. I loved America about as much as I believed possible. My adoration of Ronald Reagan won me no friends during my college years.

(more…)

Spare a Quid, Guv’ner?

By -

It is typically the nature of leveraged instruments to get completely warped and distorted from their underlying basis. Look no further than USO for screeching evidence of that. Sometimes, however, leveraged instruments seem to follow the rules of charting even better than most “normal” instruments.

Take QID, for example. This is the ultrashort based on the QQQ. It has, naturally, eroded severely over the years, falling from almost $8,000 to a mere $16 recently. In spite of this, it is following trendlines magnificently.

(more…)
Do NOT follow this link or you will be banned from the site!