What’s the market doing today? It’s up, of course!
The /ES? Up! The /NQ? Up hundreds of points to never-seen-before highs!
And how about all my short positions? Hey, bull market. Bite me!
Pulling My Shorts Down
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.
A Fine Day!
The market collapsed all of 0.39% today, but still, my shorts did terrific. My one stinker was Intel, which I shorted today (small position) but covered at a loss after the close, since they are raging higher.
Besides that, though, today was a winner across the board.
What a Jerk
Since I took my solemn pledge not to say anything bad about you-know-who (although it seems most Slopers would rather I go back to my old ways), I’ll continue to keep my mouth shut, although it’s like being a famous baker who can’t talked about goddamned FLOUR, but I’m a man of my word.
Suffice it to say that the pronouncements offered on Friday were clearly fictitious, and this market has entered a completely paranoid and delusional state, as it is getting wildly jerked up and down. Personally, I’m having an AWFULLY good day.
From the Ashes……
Yesterday was one of those “finest hour” moments for me. I came into the day with plenty of dry powder and, in the face of this ridiculous “US has surrendered, but honest, we’ve really won” rally, I shorted like a sumbitch.
Of my twenty short positions, nineteen of them are down, some of them down hard (hey, AMD, how about you blow me?) I intend to get shorter now as well.
This is charting in action!
Buried Alive
