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.
What a day!
During all the trading mayhem, I did a Slope PLUS Post (you know, for the people who actually FINANCIALLY SUPPORT all my hard work………..) about shorting the XLU. Here’s the post. In it, I said it was time to short XLU. I’ve put an arrow where, I kid you not, is the exactly minute bar where the post went out.
Nestled, as you are, comfortably and relatively anonymously behind your keyboard, it’s difficult to grasp The Risk Of Weinerdom that I have to embrace every single day by making public pronouncements about the market. And yet this is my chosen profession. Yesterday, when the market exploded higher across the board (see arrow), I briefly felt like an unlubricated marital aid, but I stuck to my guns (and my positions), based on everything I’ve been yammering on about lately. It’s gratifying to wake up to the following.
Just a tiny sample…….
I can only assume you follow me on Twitter (if you don’t, here’s the link), and last week I offered up this gem to my good followers:
I’ve made no secret of my enthusiasm for Overstock as a short, such as my posts from January 26th, March 1st, and March 14th. The stock has lost nearly HALF ITS VALUE since my first suggestion (see tint on chart below), and I believe it will be in the teens before the tumble is complete.
