In case you ever wonder what I do between posts, here’s an example from this morning. Let’s just say some of my hens are very clingy.
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.
Call the COPs
Goodness, it’s quiet in here. Cat got your tongue? Anyway, out of my 45 bearish positions, Conoco Philips (COP) is by far the most profitable. These are November $100 puts, and I am NOT selling these for a while.
The Wreck of the Hesperus
It is, naturally, a delight to see a screen full of red. Nothing warms my heart more than the arrogant, insipid, insolent, petulant bulls have dog feces kicked right in their faces. Here we see the ES works its way lower toward its intermediate-term 3500 goal.
Volume Profile
Where is the market heading – a different point of looking at things
Many of us ask, where are things going, are we at the bottom, are we reversing from here – – at least myself. I only really do bi directional strategies at this moment, meaning always working hedged for the next surprise, straddling CPI reports with leveraged ETFs and other tricks like that.
At the same time I hear many different points of view of where the bottom will be. From many I hear 350, from some 320. So I tried to find something I can reason with along these lines.
First of all, the bottom will be around that point when we hear that some people (which most of us know here as the Federal Reserve) start their printers up again and when we get a bit more an economy oriented government. The later may take two or more years, the first we don’t know.
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