I have been very on-the-fence about going to SlopeFest this year – – not because I don’t love seeing Slopers in person or enjoy the hospitality of the good people that put it together, but because it’s tough to get away. But I’ve decided: I’m going! So for those of you who were also on the fence about going (or who decided to go, but might want to flee in terror since I’m going to show up), now you have the facts.
Here’s the link with information about SlopeFest, by the way, composed by the inimitable Market Sniper. Perhaps I’ll see you there!
On Friday morning, a trading friend of mine wrote me and asked me if I thought technical analysis worked anymore. His point – – – and it’s one I’ve considered many times – – is, in this central-banker-planned world in which we now all live, do charts have predictive value anymore? I mean, let’s face it, technical analysis had its own shaky reputation to begin with, In this modern age, with Yellen at the helm, are charts just a waste of time?
Hard to believe that we are now at Slopefest #7! Here is your chance to meet with old friends and make new ones as well. Match up real people with their on-line personas and avatars. Slopefest is scheduled for the weekend of June 6th and 7th in Las Vegas, baby! Great times were had at all past Slopefests and if there is any guarantees in this life, this time will be NO different.
Our gracious host, Mr. Tim Knight, will be there on a “best efforts” basis. Here is the scheduled itinerary for Slopefest.
Well, I’ve dropped more hints about my “project” that a Hollywood agent drops celebrity names, so I might as well come straight out and ask for your help.
I’m looking for people to test a new mobile app I’ve been developing. This app is just one aspect of a new business I’m working on, but it’s a vital one. The requirements for beta users are simple:
- You need an iPhone or an iPad with a cellular connection;
- You should enjoy getting out and about in your town;
- You need to print, sign, and mail in a non-disclosure so that my project is kept secret (please write the email address you use for your iTunes account on the form in the space provided).
Click here to download the non-disclosure agreement. which is a Word document. Mail it in to Tim Knight, 555 Bryant #711, Palo Alto, CA 94301 and I’ll be in touch via email about next steps.
A number of you have already written, expressing interest in testing this mysterious new creation of mine. Now’s your chance! Thank you very much.
Just a quick end-of-weekend post to state that Slope of Hope is now available as a free app in the iTunes store! If you’ve got an iPhone or an iPad, feel free to download it and enjoy Slope on-the-go. You’ll laugh. You’ll cry. You’ll hurl.
I usually keep Slope+ posts and ideas behind the beautifully manicured topiary surrounding the Slope+ garden, but I wanted to share a recent success story to illustrate (1) the kinds of cool ideas you non-plusers are missing (2) how I actually do, gasp, offer up long ideas (although, cough cough, this particular one was to go long a bearish fund).
On the morning of March 25, I published a post called Aggressive Long which suggested buying the symbol DUST to take advantage of what I felt would be weakness in precious metals miners. I’ve marked the approximate publication time below with a green arrow, and I’ve tinted beneath that the suggested stop loss of 14.76 (which was never hit).
I hardly even know where to begin this post. I’ve certainly been thinking about it a long time, but I don’t think I can do the subject matter justice. Perhaps I’m overestimating its importance, but it matters a lot to me: today marks, to the day, the 10th anniversary of the Slope of Hope.