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.

Evil Speculator 101

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So I found myself waking up last night and habitually reached for my iPad to catch up on emails and check my systems. Of course I wound up peeking at my blog as well and then for some reason decided to head over here to the Slope to see what you bears were up to these days. I have to concede that I don’t visit here often as I truly have my hands full with running my own blog, maintaining various automated systems, coding and bug fixing, attending customer support duties – and then there of course are my own trading activities. Not a weekend goes by where I do not spend a minimum of five hours working on various projects behind the scenes or am preparing for the week to come.

That doesn’t leave much time for virtual socializing as I barely manage to catch up with the comment stream over here at the lair. But I always had a soft spot for you Slopers as I used to be one way back in the early days. And for some reason that sentiment appears to be mutual as much to my surprise Tim actually mentioned me in the very post I was reading. And yes in case you wonder, it was a positive plug – deservedly so or not.

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100% Success with B.O.

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First of all, I wanted to mention there are some dynamite guest posts waiting in the wings. One in particular by Molecool is particularly good. I look forward to publishing those generous posts later.

Second, the title of this post doesn’t refer to my success at repelling women with body odor (my charming personality, plus the fact that I’m married, already does a great job of that). I’m referring to Binary Options, about which I wrote last night, and yep, I placed and closed my first trade. And I’m delighted to report that first trade yielded a profit!

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Minority Reports

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I’m ready to do a projection of what I am thinking may well happen on SPX over the next twelve months. My main scenario is this, and variants of the same scenario. It’s a good fit with the pattern structure, and the first month indicator for 2015 that indicated strongly that 2015 would at best be a flat year.

Does this match any other forecasts that I’m reading? Well no, most are far more bullish and they could be right, but I posted an even more minority view projection for bonds at the start of 2014 to general incredulity, and price followed my arrows very well for the next six months as everyone betting on the almost universally expected big bonds decline got a very nasty surprise. We’ll see whether this projection fares as well as that one did. SPX daily projection 150224:

150224 SPX Daily Projection 150224

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