The flagrantly permabullish site Zerohedge this morning was shouting from the rooftops:
To which I reply: OH YEAH? Based on this headline alone, and out of pure spite, I took on a substantial position long March $125 puts.
Short Chinese Optimism
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.
Rumbling Toward the Week
It has been 53 miserable days since the dramatic reversal of October 13th. Since then, the fetid stench of bullish arrogance has saturated the air, even on my beloved Slope, as the reckless confidence so often found in Wave 2 counter-trend rallies has once again exhibited itself just as it has through all history. For the immediate moment, we are enjoying some weakness on the /ES, as I type this moments before the opening bell.
Presenting the Offerings
If you’re curious how I spent my weekend, I can tell you I spent a good portion of it addressing a page on the site which has bothered me for years, which is the Premium Memberships page. The purpose of the page is to show all the features and abilities one gets at different levels of membership, but over the years the features have become so comprehensive that the list is about thirteen feet tall.
I’ve been endeavoring to break it up into more manageable pieces (and, hopefully, entice more people to take the plunge and get a premium membership). I’m not done with the page left, but as we await the market’s opening, please take a look and leave any suggestions in the comments section for me. Thanks!
