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.

S&P 500 Index: Naughty or Nice?

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The Momentum indicator has crossed below the zero level on the following Monthly chart of the S&P 500 Index (SPX), hinting of further weakness ahead.

Major support sits around the 1700 level (confluence of the  50 MA and the 40% Fibonacci retracement level — taken from the October 2011 lows).

Price on the following Monthly ratio chart of the SPX:VIX rallied at the end of today (Friday) to close just above the 100 level — which is a major bull/bear line-in-the-sand level — and, about which, I’ve written in numerous posts here.


The Religion of Peace Again

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I’m going to make this quick, because I only have a few moments.

I was in the dentist’s chair an hour ago when I heard the news about Paris. This is heartbreaking, of course.

Just two days ago I wrote in roundabout terms about religion in general and Christianity in particular. I received wonderful emails from all over the world about the post.

I find something good about almost every religion. I’m not one of these shitheads who thinks the way to eternal life (whose value I question anyway) is to drop down and worship Jesus. I find merit in Shintoism, Buddhism, Confucianism, Mormonism, and just about any other -ism you care to mention.