One of the few charts that still looks bullish is Birkenstock (BIRK), although there’s not much history to go on here.
Footing the Bill
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.
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:
It’s the Inflation, Stupid
Our government wants us to believe the inflation rate, based on the latest PCE fiction, is 0.2% per month (or 2.4% a year). How stupid do they think we are? Inflation is DOUBLE DIGITS, and has been so for years. I buy six figures of goods and services a year, and believe me, I watch every penny. The notion we’re at 2.4% is an insulting joke.
