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.
After a six day band ride SPX fell away slightly from the daily upper band yesterday, though it didn’t fall far, and the promising bearish look of the open faded swiftly. It is still possible that the band ride could continue another day or two, but if so we would need to see SPX return to upper band resistance today, and that would be in the 1932-6 area. It’s more likely however that we will see more retracement or consolidation over the next day or two. SPX daily chart:
In 1982, I wrote my first book, The World Connection, which was published by Howard Sams 
Publishing in early 1983 when I was still 16 years old. (I had already been writing for national computer magazines for about a year). I would go on to write a couple dozen more books, including those listed here on the blog, but “TWC” would always have a special place in my heart, sort of like a first child.
The reason this topic came up is because my sister must have been cleaning out an old closet, and she found a copy of this book that I sent her over three decades ago. I hadn’t read the book since it came out, and I was curious to see how my writing had changed and how accurate my prophecies were. (more…)
Mosaic is a peculiar creature. It moves very, very very slowly – – but I think the huge symmetric triangle that it broke last summer portends good fortune for patient bears.
Interest rates have been zooming higher the past four days. I think an important level to watch is the gap on $TNX at 26.11 (that is, a rate of 2.611%). If it stllls there and starts working lower, the drop in interest rates will probably accelerate to new lows for the year.
