Daily Archives: December 20, 2013

Just to Be Clear about Comments

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As most of you know, comments are a vital part of Slope (perhaps, on the whole, even more 1220-talkimportant than the posts themselves). A lot of bloggers treat their readers with contempt when it comes to the comments section, and that attitude puzzles me. I want to encourage and nurture community and discussion as much as I can.

It dawned on me that I’ve never really had a decent page about the basics of using comments, so I’ve substantially updated this¬†page (which is accessible via the Help menu) to give people some basic information about the comments system and how to use it. For your lurkers out there, I strongly encourage you to read it, because – – as I say on the page – – most lurkers want to participate, but they are afraid of saying something that would embarrass them. This fear is utterly unfounded. Some blogs (cough cough ZeroHedge cough cough) have a brutal, abusive environment, but Slopers are sweeties. Please read the page!

Possible Double-Tops Forming

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I was going to post the chart below on twitter last night but became dispirited and went to bed after my main computer crashed for the eighth time. I was showing the possible double-top setup on SPX that was forming yesterday as SPX was repeatedly failing to make a new high. This setup might break down today to retest broken double-bottom resistance at 1792.22. My overall lean for the rest of December is bullish but this needs to be borne in mind today. SPX 15min chart: (more…)