Pretty cool stuff, isn’t it?
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.
Faux Mex Food Keeps Sinking
This chart is from yesterday, but today is going to be mostly lazy posts on my part, since I’m really concentrating hard on FOMC stuff.
Boring Beyond Belief
Well, it was a fairly frantic first hour, but I’ve got myself repositioned way, way, way more conservatively.
- Down to only 20 bearish positions with average expiration 140 days in the future (!!!) This is 50% of my entire portfolio;
- One long position – IWM August $160 calls; this is 10% of my portfolio;
- Cash – 40% (!!!!!!!!!!) of my portfolio
So, Powell, you turd-sucking scumbag, do your worst. I’m ready for this base to break out.
Dual Manscape
Good morning, everyone., Well, today’s the big day. And I do mean BIG day! It’s a damned shame we all have to slavishly react to whatever the financial politburo utters, but there we have it.
I want to thank everyone for their generous suggestions in last night’s “What do I do??” post. The poll results were spread fairly evenly, although the distribution isn’t at all a surprise to me. Suffice it to say I’m strongly inclined to follow your counsel and take on a meaningful long position to act as a salve at the all-too-likely rally.
