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.

Island Reversal

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I’m traveling until Thursday night, so I’ll be blogging with one hand tied behind my back – – but the show must go on, no matter what the conditions.

I’ll mention briefly how pleased I am that we’ve got an island reversal pattern on the ES. The whole “first trading day of July is up 84% of the time” pud-yankers got their wish, and the market went up for absolutely no reason at all, but now the air is coming out of the tires. With 80 shorts on, this is the kind of morning I like to see. I plan to get more aggressively bearish this quarter than I have in years, so hide the women and children.

0705-es