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.

Slimming Down Comments

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I just wanted to let everyone know about a small improvement to the comments system (which a few of you have noticed already anyway) – – the ability to hide virtual trades.

The comment stream is pretty long even without virtual trade notices, but when folks get active, the comment thread can get verbose. If you’d rather not see anyone’s virtual opens and closes, just click the checkbox shown on the right side. I personally like seeing ideas, so I’m going to leave it unchecked, but some Slopers asked for this, and I aim to please. (more…)

Buffing Fingernails Modestly

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I gave main support yesterday in the 1595-7 range, which was a little low as the target trendline was hit at 1598.23, though I posted on twitter shortly afterwards that the wedge support trendline had been hit. After that SPX bounced strongly and closed back well above the daily lower bollinger band. The next obvious target on the daily chart is the daily middle bollinger band, now in the 1646 area. SPX daily chart: (more…)