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.

NASDAQ and its Moving Averages

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Traffic is bound to be quiet the next couple of weeks, but even on a Sunday, I feel I owe Slopers at least one market-related thought.

I took a look at the NASDAQ Composite with three moving averages, then I hid the prices themselves to try to get a sense, historically, where we were in the market. The explosive rebound we've seen makes it feel much like the end of 2003, just using the moving averages as the guidepost…….

1220-mas

Looking closer at 2003, we can see how it slouched into weakness for most of 2004:

1220-past

Will the same hold true for 2010? If it did, it would look something like this:

1220-future