The title says it all – – the entire market is in a massive wedge, and sooner or later, this sucker is going to resolve. Here’s hoping it’s to the downside.
Watch Those Wedges
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.
The Need for Speed
As I’m typing this, a chap from AT&T is perched on a ladder high up on a pole, prepping the fiber optic line that is going to snake its way into my house.
I’ve been online, in one form or another, since 1981. The fiber install today got me thinking a bit about my history with connectivity. My first go at it was with my TRS-80 Model I and a 300 baud Lynx modem. I couldn’t find an image of it – – – and, mercifully, I just barely missed being required to use an acoustic coupler like the one shown below – – but this is pretty much the level of technology I was dealing with (and I felt fancy having 300 baud instead of a mere 110):
Latest Eight
As some of you know, my options portfolio is quite simple: an octet of puts, ranging in expiration from June to next January, anchored to the eight equities below. There’s been a change or two, so I thought I’d give you the latest makeup of my never-say-die bearish portfolio:
