I’ve been meaning to put these up for a while: one of my favorite movies of all time, There Will Be Blood, features music by Jonny Greenwood, the lead guitarist (and erstwhile composer) from Radiohead. Here are two favorites, which I always think of as excellent “working music”. Listen, and you’ll see what I mean. You’ll especially enjoy them if you’re familiar with the film.
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.
Crazytown
I’ve referred a number of times before here to Mike Vacchi of Princeton Trader’s system for measuring oversold and overbought levels relative to the 45 day pivot, and that was recalibrated earlier this year to adjust for the big move up on SPX over the last few years. The new level for reaching Crazytown is 92 handles above the 45 day pivot and that was reached at 2065 on Friday and again overnight at 2070. This is an extreme level of overbought, and is a high probability swing short entry if you can be patient and are prepared to take some heat until the market turns. I’ve put a small swing short position on at 2070 ES. I am patient and prepared to take some heat though, so that isn’t for everyone.
Keeping Crude’s Strength in Context
