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.

Nightly Report (by BBFinance)

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One of the pitfalls of my style of trading is that I am always early for a trade. I have been writing for a while that I expect weakness around December 19-20. This has to do mainly with the liquidity flow or lack of it. The Fed is sucking away some US$ 20 billion on coming Wednesday (selling more T Bills) and that kind of stuff normally affects the stock price. But this was expected and known and I twitted my readers in the morning not to chase the rally. I told them that I expect weakness and when it comes I will go long. In fact about a week back I wrote that I expect SPX test around 1200 level before bouncing back. So here we are today.