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.
My Song to the Bear Market
Band of the Hand
Last thirty minutes of the week; time for PPT shenanigans. Crank up this tune and hang on tight. It should be our theme come this Autumn.
Songs from Liquid Days
I am flying off to corporate headquarters in Utah, and there's a big celebratory dinner tonight, so I'm going to be offline for a number of hours (possibly until midnight………) It was a good day, and I'll share some market thoughts later.
In the meantime, please enjoy this marvelous Philip Glass piece. It's a favorite of mine. Those unfamiliar with his work may find it tedious, but try to open your mind up to some unfamiliar music; and if you like it, it's worth playing (over and over again…………)
A man wakes up to the sound of rain
From a dream about his lovers
Who pass through his room.
They brush lightly by, these lovers.
They pass. Never touching.
These passing lovers move through his room.
The man is awake now
He can't get to sleep again.
So he repeats these words
Over and over again:
Bravery. Kindness. Clarity.
Honesty. Compassion. Generosity.
Bravery. Honesty. Dignity.
Clarity. Kindness. Compassion.
Something So Right
I am reminded this morning of Paul Simon's lyrics……
When something goes wrong
I'm the first to admit it
I'm the first to admit it
And the last one to knowWhen something goes right
Well its likely to lose me, mm
Its apt to confuse me
Its such an unusual sight
Oh, I cant, I cant get used to something so right
Something so right
Everything is going my way. I've got over 80 equity positions, most of them in oil and gold, and those are going fantastic. I had no index positions, but when the market briefly bounced higher this morning (actually into the green), I bought a huge block of Russell 2000 puts.
Thus, I am skeptical and in a defensive posture, since the stars rarely line up quite this well.
For the moment, I'm going to take my profits on my Russell puts. I am thrilled with how my commodity-oriented puts look, however, and intend to hold on to them for what I hope are huge forthcoming gains.
