Back on April 26th, I sent an exclusive post to Slope+ readers stating that gold had reached an important gap; here’s the chart I showed: (more…)
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.
Occam’s Razor
I was expecting yesterday’s post to be a bit controversial and it was. However the job of the analyst is to see the evidence, assess it, and analyze the relevant data to reach a conclusion. This might be described as the SAA method. If you reverse this to start with your conclusion, you risk making an AAS out of yourself. 🙂
Occam’s Razor is the proposition that when there are a number of competing hypotheses to solve a problem, then the simplest hypothesis is likely to be the correct one. In essence this is a mathematical expression of the truism that if something looks like a duck, sounds like a duck, and acts like a duck, then it’s probably a duck. (more…)
May 17th, 2013 E-mini Prep Work
It has been a pretty wild week, fortunately the ranges have been relatively well defined. Currently the short term daily trend is still to the upside and there is an open profit target at 1666.25.
Resistance for today: Value Area High- 1657.75, Low volume node- 1658.25, yesterday’s high- 1658.75 and ultimately the swing high of 1659.75. (more…)
SlopeFest is This Week!
One of the amazing things about the Slope of Hope community is that, a number of years ago, it actually created its own “meet-up” in the form of SlopeFest. Slopers were so eager to meet one another that they drove or flew from various parts of the country and gathered at various locales around the United States. I’ve been at a few of these, and it’s pretty amazing getting face-time with those that are on Slope so often. I know them by avatar, but in-person is a whole other experience! (more…)
