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.

Chart on SLV (Mike Paulenoff)

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Since yesterday morning's pivot low at 24.44, right off of the Aug-Nov up trendline, the iShares Silver Trust (NYSE: SLV) has climbed to 25.33 (+3.6% so far), in what looks like the initiation of either of two scenarios. One would be a recovery or intervening upleg within a larger corrective, or digestion, period. The other would be the start of a new bull leg within the ongoing bull phase that will propel the SLV to new highs well above 28.72.

In either scenario, yesterday's pivot low at 24.44 ended a 15% corrective leg and started a rally phase that has a minimum upside target zone of 25.90-26.20 in the hours/days ahead."

0R133BKPY
Originally published on MPTrader.com.

Pearls Before Swine

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Below is a video from Regis and Kelly featuring – of all things – a performance by my beloved Devo. This would be like Beck showing up on the Lawrence Welk show.

Regis is there, joined not by Kelly but by someone named Joy, who I guess is someone's mom in the audience. At least that's what I'm assuming, judging by her behavior.

At 3:18, once "Fresh" is done, the stupid questions begin:

"Where did the name come from? Devo?"
"Remember the old energy hats?"
"Remember that big hit? Whip It?"

It reminds me of the Chris Farley "bad interviewer" routine when he would ask all kinds of simple-minded questions of his guests (to Paul McCartney: "Remember when you were with the Beatles?") Sheesh!