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.

Simply Stated

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Based on the graph below, I would simply say:

  1. A down day tomorrow – even a modest one – would be very good news for the bears in light of the last two back-to-back major up days;
  2. A cross beneath 1020 on the $SPX would completely seal the deal;
  3. The penetration – and retracement toward the underside – of the $SPX vis a vis its trendline (which dates back to the March low) is, to me, a thing of beauty. 

1006-spx

Hail, Caesar!

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I thoughtful Sloper sent me this thought-provoking quote from Shakespeare:

"There is a tide in the affairs of men. which, taken at the flood, leads on to fortune; omitted, all the voyage of their life Is bound in shallows and in miseries. On such a full sea are we now afloat, and we must take the current when it serves, or lose our ventures."

~ Julius Caesar Act 4, scene 3, 218-224

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