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.

Hemming the White Flag

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This is a new low. And not the kind of low I enjoy.

I can’t remember a time I’ve felt more despairing about the state of the market than right now. From June 16 to August 16 of last year, we had a two month ascent that I thought was the worst period of my trading life.

That was a walk in the park – – a party – – a festivus – – compared to what’s been going on for the past eight months. I say again, EIGHT MONTHS. I could actually argue twelve months, but October 13th was nominally a lower price point in the market, so I’ll just say eight, even though the easy part of the market stopped cold on June 16th, almost an entire year ago. It’s been pretty much a slog ever since.