OK, after I did my Broken-Hearted SOL post on the 5th, Monkey Pin commented (and I replied):(more…)
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.
Slope is in its seventeenth year, but I’ve never “seasonolized” the place. Until now! Henceforth, the logo will be updated on a regular basis to commemorate whatever holiday or other event is going on. No utility but, meh, I like it, and it jazzes the place up!
Before the plane ride home on Sunday, I needed something good to do, so I (paid full retail) bought a new book from Ray Dalio called Principles for Dealing with The Changing World Order. It’s over 500 pages, but it was just the right length for the flight from Columbus back to San Francisco.
I think Mr. Dalio has basically amassed a bunch of cool research and charts and is, like a good chef, using the basic ingredients to make a variety of different dishes. I’ve already bought a few recent Dalio books, and they all have the same DNA.
Still, I found this one to be the most accessible and easy-to-read. I think almost any adult could get something good out of it, since it spells out quite plain how basically the United States is utterly hosed and China is going to shove us off the world stage. Dalio isn’t precise (nor could he be) about when this is going to happen, but he makes clear it has the potential to be very, very, VERY ugly and horrific. So, yeah, right up the alley of the kinds of things that interest me. I paid $35 for it (shame on me, but I was desperate) but the link above is for Amazon where it’s like $21 or so. Give it a read!
What a nice way to start the week! On Sunday, the Satanic Dark Majesty figured they’d try to make a new lifetime high (circled part) on the ES (see arrow), but they just couldn’t do it. As I (nervously) woke up this morning, and ES was up only 10 points, and then up only 5, and then it all became my favorite color. The “end of year melt up” that the criminals at Goldman Sachs keep promising still hasn’t materialized. Santa Claus can seriously bite me.(more…)
I guess those XRT puts I sold for a nice profit have much nicer profits to come.