You’ll excuse me if I place this cushion down before I take a seat. Ahhh, there we go. That’s better. In any case, I’ve definitely got some things to say about this Victory For the Bulls (and TNR…….) a bit later this afternoon.
The Bond of Obedience
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.
Caulobacter Crescentus
The year 2022 has been generally downward-sloping, but it sure hasn’t been a steady ride. Indeed, the only sustained trend with any longevity was within the months of April and May. Besides that chunk of time, it’s had a getting-jerked-around feeling to it.
Too Much, Too Little
For once in my life, I actually did the right thing. You’ll recall a couple of days ago when I was bemoaning the obscene amount of buying power that was collecting dust, and ultimately I decided just to yank it out of my account and put back into the bank. Turns out that was smart. It was NOT the time to be aggressive.
It’s interesting what’s going on now; we have BROKEN OUT of the basing pattern, but I would caution you to take note of what happened last time on the /ES:
Cruel to Be Kind
Let us begin with this post from an individual over in the land of wallstreetbets who is bemoaning the fact his $340,000 trading account has been beaten down to $88,000 (a 75% drop) due to picking up such gems as TSLA and ROKU. As you will see, he wants to know how other fellow “traders” deal with such sad feelings. Take a minute to read this:
Our Greatest Friend
This is precisely the kind of diseased thinking that will be of persistent aid to the bears in order to get good prices at which to sell short. I didn’t chop off any other steps. This is the whole tweet.
In case you’re wondering who this guy is, let’s just say his credentials don’t surprise me.
