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.
With the Fed’s absolutely laughable failure today, I thought it would be appropriate to do a post specifically about this malignant cesspool.
Allow me to present to you the roster of that most sinister of organizations, the Federal Reserve. Click on it so you can read it. The key point is that it has 18,000 employees. Eighteen. Thousand.
Perhaps the greatest psychological debate that persists on Slope is whether or not there is such thing as a truly neutral, balanced, opportunistic trader. I have taken up the controversial and unpopular position that people tend to lean strongly bearish or bullish, whereas others have – – while pointing feverishly at themselves – – extolled the virtues of being blind to bias, and they simply extract money out of the market, irrespective of direction.
Let me state early on I actually do believe there are a very small number of people like this (like Attila) but, on the whole, we’re all either bulls or bears. And I’m not stating these in absolute terms. After all, I am a self-described and self-admitted permabear, but as I sit here now, my only positions are a sprinkling of bullish ones. But the permabear in me is ready to throw me off skyscraper if the market simply keeps plummeting.
So you have the opportunity for a bit of self-examination here. No reason to ‘fess up. Just ask yourself something.
(more…)As I begin this post, it’s 4:30 in the morning. I’ve been awake since 1:30. I’m usually a brilliant sleeper. I close my eyes and 10 and fall asleep instantly, and then I wake up at 5:20 a.m. with no alarm and get my day started. Not this time. It’s been too crazy.
Think of what’s transpired. Last Wednesday, the market was at the highest levels in human history (which is a little peculiar, since the whole “virus” thing was well known and spreading fast). Yesterday, we had the biggest drop on the Dow in human history. Added to which, this has been the shortest 10%+ drop in equities in human history. Absolutely incredible.
(more…)I received a lovely email from a premium subscriber who simply wanted to thank me for my ideas. He sent along a spreadsheet of his Slope-based trades over the past week or so, which revealed a handsome profit, and he noted I could use it as an endorsement. I confirmed he would permit me to share this anonymous spreadsheet, so I am pleased to do so below. I am so happy that my charting can be of aid to traders out there! Click on the image for readability. It’s quite interesting.
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