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.
I wanted to share some thoughts on a topic not directly related to trading. I don’t want to take credit for something I didn’t conjure up, since the late Dr. Wayne Dyer originally put the thought in my head, but it has been a persistent notion for me that I would like to share. It’s called the IFD syndrome.
Dyer described it as “the psychology of tomorrow”, and in my experience, it’s something a lot of people practice. Let’s face it, life isn’t easy, and a lot of people need something to look forward to in order to get through each day. I’ve heard it from friends all my life: about a forthcoming vacation, or a prospective promotion, or maybe a new car they’re expecting (that never seems to materialize). “I need something to look forward to.”
Want to see something really cool? It occurred to me that Whole Foods topped out well before the S&P did back about eight years ago. Likewise, Whole Foods (where my family drops thousands upon thousands of dollars every year) topped out well before the most recent bull market termination. Out of curiosity, I measured the distance, and they’re just about identical.
This is the kind of thing that approximately no one else on the planet would think about, because, sorry soul that I am, after looking at millions of charts, one starts having insights that don’t require research. They simply occur to me. So: voi-freakin’-la.
All because of this one dildo:
Here’s today’s swing-trading watch-list:
Short Tractor Supply (TSCO)