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.

Flatland

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Good morning, everyone. I’m sorry if I appear a bit AWOL lately, but after 30 months of avoiding Covid-19, we’ve got a family member with a pretty severe case (but abating……) and I’m trying my very best to avoid getting it myself. I actually lead a fairly not-too-stressful life, but a lot of folks depend on me, so it’s important that I stay healthy and maintain the chiseled, oiled physique for which I am so well known.

Mercifully, I didn’t wake up to anything scary, having endured a not-great-night of occasional sleep. After yesterday’s surprise tumble, trading has been as flat as a dining table.

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OMFG

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I am surprisingly busy right now, given the sudden shift in the market to the bears’ favor. I offer below one of the securities against which I have bought puts.

There wasn’t a single person left but me in the Twitterverse willing to short this market except me. It was universally “4,400, here we come!” We’ll see.