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.

Star Crash

By -

Many of you know what a big MST3K fan I am. Recently, I fired up Star Crash, and oh my Lord almighty, it approaches Santa Claus Conquers the Martians in unintentional awfulness. It’s astonishing to me that in 1979 this movie was actually allowed inside real movie theaters, in spite of one of its comely (there’s that word again) stars. If you have Netflix, watch it. Here’s the (serious) trailer that came out at the time. Yikes.

Lady’s Man

By -

Years ago, my parents put together a huge scrapbook of photos and mementos of my childhood. One of my beloved children was going through it and happened to see one of the more amusing entries.

Back in my home state of Louisiana, I lived next door to a girl my age who was absolutely stunning. Even as a little kid, I knew she was beautiful, and so I always liked to see her. Some of our friends even put on a mock “wedding” for us, tossing handfuls of flowers at us as we “walked down the aisle” (just a patch of the back yard).

(more…)

SPX: Warning Gaps?

By -

As Friday’s trading action is coming to a close in a couple of hours before the Labour Day weekend, an interesting observation to note is this daily chart of the SPX.

Since the beginning of August, gaps on the open in both directions have pretty much occurred on a daily basis (blue box). When the same thing happened in the last quarter of 2018 (blue box), we saw a rapid plunge in the space of a few days.

(more…)

Can The Metals Break Out Again?

By -

Originally published on Sat Aug 24 for members of ElliottWaveTrader.net: Personally, I love trading metals and have been doing so for quite some time. In fact, the best trade of my entire career was in silver many years ago.

But, the one thing that we commonly see in the complex is that when the market strikes a top, it most often spikes into and then strongly reverses at that top as a culmination signal. Thus far, I have not seen that in the metals.

(more…)
Do NOT follow this link or you will be banned from the site!