Well well well, my fellow Slope-a-Dopes, we find ourselves here once again, comfortably floating just above the 1400 water level for the third time since Mayday….Mayday….Mayday. Blissfully bathing in the calm, warm, inviting aqua blue waters of the Med, or should I say Fed. Apparently, many avid Wall Street sailors are looking forward to further fair weather cruising ahead. The well paid crews are pulling up anchors & hoisting mainsails, in anticipation of more delightful sailing in the balmy, "easy money" late Summer breeze. Unfortunately for them, lurking just below the smooth surface in the darker blue water directly ahead, await numerous nefarious naval mines. These lethal, man made, mechanical sea urchins, are about to detonate against the unsuspecting bulls' boat hulls, sending their party yachts plunging deep into the chilled murky abyss, 10,000 feet below the bliss. Something is clearly amiss amongst the jellyfish……
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.
Five Setups to Take You Into Next Week (by Ryan Mallory)
Here's 4 Long Setups and just 1 lone short setup to take you into next week. Some of these are ready to be bought now, while others you can wait till next week on. I've also put the stop-loss and target on each chart.
Here's the Long and Short trade setups.
LONG: Frontline (FRO)