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.

This Sad Burlesque

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I write in hopes that by the time you get this letter
We may live to see a change for the better
Or are we so devoted to these wretched selfish motives
When the cold facts and figures all add up
They cannot contradict this sad burlesque

This sad burlesque
With miserable failures making entertainment of our fate
Laughter cannot dignify of elevate
This sad burlesque

Now can they recall being young and idealistic
Before wading knee-deep in hogwash and arithmetic
The pitying smirk
The argument runs like clockwork
Will run down eventually and splutter to a stop

P.S. Well by now you know the worst of it
And we've heard all the alibis that they've rehearsed
The smug predictions
If it's not a contradiction
Keep faith in human nature
And have mercy on the creatures in this sad burlesque

Happy Mother’s Day

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Just a quick chart before moving along with my Sunday. This one of the $INDU

Try to look at this chart objectively (that is, outside the context of what's happened over the past year). Ask yourself: given this chart, are the odds better that it'll be higher in a month or lower in a month?

Momentum is clearly on the bulls' side, but a few advantages the bears have at this point are: (a) a very substantial cluster of overhead supply up to 9,000 (b) being on the wrong side of the tracks of that fan line (c) coming up along the underside of that retracement line, whose basis dates back to 1974.

Have a good Mother's Day; see you in the morning.