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.

Come to Carlhead

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In spite of the ES and NQ being up – the NQ in particular being up nearly 30 points – I’m having a terrific morning with my completely-short portfolio. At the moment I am up 0.25% while the market overall is up 0.25%, which completely thrills me, because I have 107 short positions and ZERO long positions. Days in which the market is up and I am still up excite me much more than days when the market is down, because it shows my selections are kicking the market’s nasty ass. (more…)

MDR Finally Moving!

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Well, I have had the patience of a saint on this one, but it seems, at long last, McDermott is finally breaking down. They just posted results, and their COO Is leaving. As I’m typing this, they are down about 16%. I’ve got a short position as well as a very large put position on the stock. Just when I was beginning to question this whole technical analysis game, I get some really good news. I think this stock is headed much, much lower than even current after-hours action indicates. The topping pattern is very large. (more…)