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.

SLV (by Piker Trader)

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Silver is not looking good here long-term, sure we can get a few bounces upwards but an event occurred two days ago that put the nail in this precious metal coffin for at least a few months and possible a 15% decline- that event is the "Murder Cross".   The murder cross is similar to the "Death Cross" of the 50 ma crossing below the 200 ma but the "Murder Cross" is the 70 ema crossing the 200 ema.  This cross eliminates many of the false signals that the "Death Cross" can give.  Here is a link to a post explaining it more.



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Well, for all the members of the public who wanted "in" on the hot Zynga IPO, they managed to gobble it up at today's opening. The lucky folks who managed to get in at the open are down 20% so far on this "investment". But I think it's got a lot farther to fall in the coming months.

Why the retail crowd always wants to jump in to stuff like LNKD, P, Z, GRPN is beyond me. I think they've got 1999 on the brain.