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.
Here's a video 2Sweeties of Retracement Levels fame put together for Slope this morning:
I'm having some fun playing with ProphetCharts new "ratio" feature – – I entered (UNG/GAZ) to see what the ratio of these two ostensibly similar ETFs was like. UNG describes itself in the following way:
The investment seeks to replicate the performance, net of expenses, of natural gas. The trust will invest in futures contracts on natural gas traded on the NYMEX that is the near month contract to expire.
Whereas GAZ says…….
The investment seeks results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones-AIG Natural Gas Total Return Sub Index. The fund is designed to reflect the performance of natural gas. The index is composed of the Henry Hub Natural Gas futures contract traded on the New York Mercantile Exchange.
Let's take a look at that ratio:
We apparently have a giant cultural knowledge gap in some corners of Slope. Therefore, please, watch this:
I tend to be a contrarian in all things – not just financial – and the same goes for technology. In the early days of the Internet, I would use AltaVista instead of Yahoo, Eudora instead of Outlook, and – until recenty – Firefox instead of Internet Explorer. There actually was a time in Prophet's history that one of the interview questions was what browser the candidate used. If they said Firefox, that was a pretty important plus.
For whatever reason, Firefox lost its way. It got to the point where I would have to restart the browser several times a day, every day, since it became a total memory pig. Left unattended, it would gobble up one gigabyte of memory on God-knows-what.
I decided to try Google Chrome instead, and I've never looked back. I am in awe of any company – in this case, Google – which can get so big and still generate fantastic products with a lot of technical polish. I don't make a habit of discussing technical issues on the blog, but I just had to tip my hat to Chrome this morning since it has been so helpful. And I haven't had to restart it even once.