An Unsurprising Correlate!
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.
Global Demolition
Well, this pisses me off.
I was puzzled mightily at EFA’s strength last week, with the worldwide equity ETF hitting LIFETIME HIGHS on Friday. It made zero sense. None. Zilch. Today, however, it is acting properly, and it has completed an island reversal gap. This sucker is doomed, but now I feel like I’ve missed the boat. So……….poo!
Unwelcome Strength
Crap.
All these huge red numbers normally would delight me, but for the love of God, I wanted at least a few more hours of buying before getting aggressive again. It seems I’ve missed the boat. I have 40% cash, and I resent every single dollar of it.
Discipline, For a Change
I’m delighted to report a rare instance of me not completely screwing up. You see, I am long puts in UNH, and they are up 90% so far. I came THIS close to take profits today (arrow) but slapped my hand away, because the stock hadn’t done anything wrong. There were all kinds of reasons in my head as to WHY I should get out, but, for once, I managed to control myself and stick with it. You can imagine my relief when, just minutes later, I saw this sucker plunging.
