Back on February 11th, which feels like about twenty-six years ago, I wrote up this post and made the following prediction for the Yen:
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.
Rock It
Well, it’s a dynamite morning for me (and I could sure use one). I am not as fully loaded as I’d like to be, but my portfolio is up almost three times as much as the market in general is down, and that’s in large part thanks to crude weakening.
Prudential………FINALLY!
I’ve offered up Prudential, shown below, as a short idea over and over again, but it just sort of farted along, in spite of its absolutely glorious topping pattern. Well, our national nightmare is over. It’s finally falling, and I expect ungodly lower prices to come in the months ahead.
The Nerve
Kuroda, Draghi, and Yellen sure have a lot of nerve.
How dare these blinkered bureaucrats cause someone like me anxiety and stress? What business is it of theirs to threaten a normally-operating market and trouble a sweet soul like myself? I might as well be scared of a DMV clerk. These sickening, self-serving civil sycophants surely should have a special place in hell.
This morning was Exhibit A. Here I was, positioned with 125 shorts and 0 longs. I have said time again, we are in a bear market which started on December 26, 2014, and I have positioned myself to take advantage of it. And yet seven years of “training” the sheep have put the central bankers in a place of vomit-inducing power.
Is God This Munificent?
As our heavenly father has smiled upon his servant Timothy Knight, the world is offering a complete and utter repudiation of Mario Draghi and his feeble-minded policies. Draghi wanted to crush the Euro (and precious metals), and his success lasted about 30 minutes.
