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.
I wanted to let you know about a new feature in SocialTrade and ask your help with a question.
The new feature is Search – you can now enter any text you'd like to seek, and SocialTrade will show you all the relevant pages.
The question I had is this: I was feeling a little "hemmed in" by the categories in SocialTrade, so I widened the dialog box to accomodate more categories.
I'd like to know from you what other categories would be useful in the system. If someone makes a suggestion you agree with, click the Like button. This will be like an informal poll, since I'm going to review the comments tomorrow to see what people want the most. Thank you!
Interesting times we have here. As the title suggests, the past week's trend is down retracing June's uptrend, which is retracing May-present's downtrend which is retracing the Oct '11-present uptrend, but that's the basic nature of the market, isn't it? I just wanted to throw out a post with what I'm seeing at the moment.
First, an observation I made on the McClellan indicators %Trends.
Once the SPX made session lows, bounced, and then only sold off again to make fresh session lows, I decided to short Mosaic (MOS) which I had been eye-ballin' early on. What appeals to me the most here is the inability to break through the 200-day moving average on five seperate occasions over the past year as well as the continuous series of lower-highs and lower-lows.
I'm looking for a move down into the $40's for MOS.
Here is the detailed MOS trade Setup
Be sure to check-out Ryan's Blog at SharePlanner.com
I am grateful that the market is presently so uninteresting, because I can attack my blogger's guilt directly by actually – gasp! – writing a post.
Dedicated Slopers know that make an annual trek to Fallen Leaf Lake in the Desolation Wilderness of the Sierras. The picture below nicely captures the beauty of the place, although it isn't as snowy right now:
Friend-of-Slope Serge Ferra from ETF-Corner sent me the interesting parallel below. Serge is even more ga-ga about analogs than me, and he knows as well as I do that sometimes these work, sometimes they don't. All the same, the uncanny similarities are always interesting. The chart is of the SPY: