I seriously think these projections for lusty economic growth are nothing more than fiscal fantasy.
(more…)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.
Footing the Bill
One of the few charts that still looks bullish is Birkenstock (BIRK), although there’s not much history to go on here.
(more…)Warnings Galore!
Ignore ’em at your peril:
Now…..Concentrate!
This is not a good thing, perma-bulls………..
First 3 Minute Victory
Over the weekend, I did a post called 3-Minute Pledge, which was warmly received by the Slope community. In it, I pledged not to take any action (trading or personal) on any unexpected decision I was facing without hitting “pause” on my life for 3 full minutes.
Well, I had a very tough opening this morning (brutal, actually) but, insanely, I’m showing a nice profit for the day. One position in particular, Royal Carribean (RCL) was stinking up the joint, and I was ready, as usual, to DUMP it at a loss. But I said to myself, and I quote, “Hey, asshole, remember your rule.” So I fired up the ol’ clock. waited three minutes, and………changed my mind. I did nothing. And I’m not making up where I was going to sell; it really is where the arrow is pointing: