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.

Those Voices in My Head

By -

This is going to be very quick, because between SocialTrade's launch, a new Slope of Hope forthcoming, my hedge fund, and this blog, I'm running around like a long-tailed cat in a room full of rocking chairs.

I gobbled up a bunch of longs yesterday, and thank God for that. What a rally we've got! The cool part is that the bulls are simply purchasing plenty of rope at WalMart to hang themselves with later. They aren't even going to know what hit them.

In the meantime, the "all clear to short everything that has a ticker symbol" is the yellow zone on the ZB, which is approaching much faster than I dared imagine. Sharpen your hatchets, boys and girls.


Signs of Reversal (by Springheel Jack)

By -

Obviously I've been talking at some length this week about the possibility of a bounce from the 200 DMA area and I think that may well be exactly what we are starting to see here. Let's consider the evidence. 

Firstly I'll showed the 200 DMA analysis chart that I led with yesterday. You'll note that since the start of 2009 tests of the 200 DMA have outnumbered clean breaks by two to one. Further to that both of the declines in 2010 and 2011 were preceded by a test of the 200 DMA followed by a strong bounce before the main summer decline: