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.

Shock Event Update (by Faces In Cabs)

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Since Friday, I have been reminding Slopers about the shock event (down) which began on Thursday.  With Monday’s bounce from Friday lows, there was some question Tuesday morning about whether the shock event could remain in effective.  Well now, after Tuesday’s sell off, the answer is a strongly affirmative “yes, it can”.  Let’s look at a possible chart analog for the developing shock event.

Possible Shock Event Analog (look back to January 2014 .. a near perfect match)

The current shock event and pull back nearly mirrors (exactly) the Dow’s pull back in January of this year.  Sorry, that’s just eery.  While I do not usually take this stuff too seriously, I will hold forth that sometimes the Universe delivers a message that cannot be ignored.  That message today appears to be towards eager bulls, and it would be “Do not under estimate how far and/or when the markets might shock down again”.


Thinking the Unthinkable (by Trish)

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I learned what little I know about trading from an intensive course taught incrementally over the course of a few years attending with and encouraged by a couple who had been my best friends for 30 years. One morning a few years ago “Bill” climbed on his bicycle for a late morning ride, was the victim of a grisly accident, and was killed – we hope – instantly. (more…)