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.
Drumming Fingers
The Worst Good Feeling
On this momentous morning, which could either be one of the most important inflection points in market history or another Taco-driven bore-fest, I’d like to discuss an important phenomenon that I’ve experienced more than once in my life. It is best described in steps:
- I uncover a spectacular opportunity by way of my charts
- I write about it and position myself in that investment
- I am expecting it to “behave” perfectly, but it moves against me to a small degree
- I become disillusioned and frustrated that it is not doing what it “should” do
- I dump it at a loss out of exasperation
- It moves against for me a little while longer, making me feel good I’ve made the right choice
- It then proceeds to make precisely the kind of magnificent move I predicted the entire time

