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.
Call it paranoia – – or gratitude for yesterday – – but I’ve closed just about every position I’ve got in my smaller account. It probably has mostly to do with the gazillion disappointments I’ve had this year, but I had fat profits in my positions and wanted to take the money and run……….two examples:
In the midst of that son of a bitch bastard traitor Powell on Friday the 23rd, I was the only person on the entire planet insane enough to suggest, of all things, buying a TRIPLE BEARISH ETF on semiconductors, SOXS. Here’s the proof. And below is what happened next. Not a single buyer would have even seen one penny of loss. Amazing.
I am pleased to report that the empty-headed, idiotic, just-because-the-month-is-over rally on Friday has been totally torched. It’s particularly delicious since the permabulls (AKA 99.999999999% of humanity) fell all over themselves in the final minutes of Friday to pay particularly preposterous prices for stocks, which are more overvalued than any time in history. How about 100 days in a row like this? That’d be nice.
Back on February 28th, I did a premium post, my first in a series of posts about shorting Dollar Tree (DLTR) and Dollar General (DG). Let’s just say that the timing was almost perfect, since the stocks would lift for just a few more days by a little bit before going into their own vicious, private bear markets. This morning, they’re both getting torched.
