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.
Groupon Upside Target
PetSmart Breaking Down
I came into the day short PETM and have tightened up my stop to 64.97, just above today's high. This is a good-looking topping pattern.
Looking at Europe (by Springheel Jack)
SPX traded sideways yesterday and is close to testing the recent highs in the pre-market. This isn't encouraging for the chances that the candidate double-top on ES and SPX will play out today, but it's worth noting that the daily upper bollinger band is now at 1528, so there is some decent resistance close above the recent highs:
My First American Car
I've been buying and driving cars for twenty years now, and I have steadfastly bought Japanese, German, and Swedish cars. I have always had a deep disdain for the design and features of American automobiles, and the only times I've been forced to drive them – – – during rare business trips by way of rental cars – – my negative feelings toward them were only strengthened.
The spell is broken, however, with my new Tesla. I put the reservation in on this last year, and I picked it up today at the factory (after receiving a full tour of the place). Here's a fun fact: when General Motors went into bankruptcy in 2008, they did a fire sale of the huge auto plant in Fremont. The land and physical plant were on the books for $1 billion. Tesla bought the place for $42 million. How's that for a great bargain?
So here is my new all-electric, ungodly fast vehicle:
Of course, it's more of a computer that comes with a car rather than the other way around. I'll be able to stay on top of things no matter what:
