My various bearish positions on banks continuing to thrive. I’m not budging.
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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.
Taking On Water
Although I’ve never been on a cruise ship in my life, I’ve had a lifelong disdain for the very concept of the things. This wasn’t the basis of my trade, but I bought puts on Royal Caribbean (RCL) a while back, and although they are up 25%, I’m expanding my position based on this continuation of the breakdown.
Gamestop: Bombs Away!
Looks pretty-well doomed to these eyes……….
Back to Energy
I believe it was LZ who mentioned last night how interesting energy might be as a bearish opportunity, since it had fallen so out of favor with the bears. True! In point of fact, two of my put positions I dumped yesterday (Schlumberger and Marathon) would have been just FINE to hang on to, since they have reversed handsomely. In any case, I still think there is opportunity here, so I have re-entered both of them (at worse prices, obviously).
Over a Cracker Barrel
Also from the “I lost track of how bad this was getting mauled” department, there is Cracker Barrel (CBRL). My long-term bearish view of this one would have worked out great, but I’m afraid I never found the patience. What a train-wreck!
