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.
On Friday afternoon, I received an email from a premium member which read, in part:
I’ve been a diamond member for a short while (less than a year). I’m trying to better understand the best way to use your services. I get the impression that it’s not necessarily a trade recommendation service since it can be difficult to see your entries/exits unless you state your stops. I think it’s a service to promote the learning and usage of charts to enhance trading but I’m not sure about that since there doesn’t seem to be much instruction (unless I missed it). So I thought I’d go straight to the source to get your elevator pitch on how I should be using it.
Let’s change the tone, shall we? I’ve got yet another product announcement. I think Slope has more new features in a week than most other sites do in an entire year. So here’s the latest: publishable study sets!
This is a beta release, which is my way of saying there’s still a tweak or two left, but it’s good enough for you to beat on.
What a superb day. We were all worked up about Powell, but Powell didn’t mean dick. It’s all about China again. And as delighted as I am that bulls are losing money, we must keep in mind that this is still a series of higher lows. We must break the prior low to get some real action going.
I’ve joked and mocked the man from time to time, but I’ve refrained since I’m weary of getting pissed-off emails form Slopers who adore and worship him. I don’t have the time or the interest, so I just avoid the topic altogether. But, orders are orders, and since my company is indeed an American company, I need to get busy looking for alternatives to China. So if I seem distracted, please understand that I’m simply doing my job. The boss has spoken.
A few minutes ago, I woke up as I typically do, reaching blearily for my iPad at the side of the bed, interested to see what color the ES and NQ are. This morning was especially important, since I didn’t know precisely when the Powell speech details were going to be released.
Through my bleary eyes, for a millisecond I thought I was a green “60” (in other words, the ES up 60 points) and my heart skipped a bit, but the screen refreshed and it showed both the ES and NQ down double digits. Apparently whatever it was that made them spike down had happened just a few seconds before I turned on my iPad (good timing on my part), so I fired up Twitter to see what was going on.