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.

Another. Two. Weeks.

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As a person who has nothing but short positions right now, allow me to start with my list of “Hey, it could be a LOT worse” bullet points by reviewing the five personal portfolios I manage:

  • Portfolio #1 is entirely cash and will not suffer one penny of harm
  • Portfolio #2 is entirely cash and will not suffer one penny of harm
  • Portfolio #3 is 85% committed to shorts but at least has two positions, DOW and XME, which are getting zapped after hours so will help lighten the blow
  • Portfolio #4 is incredibly light with only a 48% commitment level
  • Portfolio #5, the options, is even lighter with just at 39% commitment

Make no mistake, tomorrow morning is going to suck for me, but the level of suckitude – – especially considering I got out of my SQQQ long (at a profit!!) and Bitcoin shorts – – is a FRACTION of what might have been. Let’s just say, I’ve survived far worse!!

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As I Lay Dying

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Folks, I’m not sure how productive I’m going to be during this holiday weekend. I am dealing with unprecedented pain. Rest assured that once I’m able to stand without being in agony, I’ll crank up the content again. Meanwhile, my outside contributors have almost totally dried up with their posts; if there’s ever a time for a post, fellas, this would be it!! I’ll return here when I am able and, over the course of the Easter weekend, as frequently as I can muster, which might not be much.

Puncture Wound

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This morning is the most damaging to the bears since the war began. The reason isn’t particularly the percentage change – – as I’m typing this, the /ES is up all of 0.7% – – but instead has to do with prices puncturing above resistance levels.

Far worse, they are doing this based upon no meaningful news. It’s not like Iran has surrendered or anything. Prices have simply been powering higher ever since the Friday the 13th close. Here is the /ES:

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