As mentioned on my post from Friday night, the videos and ideas this weekend will be for paying members only. If you’d like to join (and every level has access), please click here. You can cancel at any time! Below, visible to all membership levels, is this installation:
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.
A decade ago I was seemingly always on the lookout for a crash. It’s not a profitable long term strategy. In recent years I literally found myself resisting the urge to participate in crash “theology”. In most cases I would find if I paused, those moments would likely mark important bottoms.
The curious thing that happens mentally when you make that transition over a period of years, is that as I resist the urge to participate in a move that is getting away to the downside I begin to recognize more clearly when I’m out of step with the market. I experienced that today. The market had many good reasons to continue bouncing higher today. It didn’t. Today’s break of key support I imagine caught a lot of people off guard. This is the environment where crashes are possible.(more…)
Regarding this Jim-Cramer-recommended piece of garbage………..(more…)