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.

Missing the Reversal

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As the third quarter of 2019 draws to a close, I must say I have one regret which towers over all others: not covering on August 15th. That day was “peak profit” for me, and if I had used SlopeCharts more effectively, I could have taken advantage of it.

Specifically, after much experimenting, I have count that two indicators seem to be calling bottoms fairly well: the 80-day CCI and the 80-day Williams %R. By way of example, I show my point below. I have captioned each graph with the name of the index in question.

S&P 500 Index

Bad. Sad. Brilliant.

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One of my (many) weaknesses is that I’m kind of set in my ways. I’m into certain music, certain movies, certain comics, and I rarely try anything new. For a while, though, one of my kids tried to turn me on to the comic Bill Burr, and once I finally started listening, I really started getting into him. So much so, that I’ve appointed him the Junior Patron Saint of the Slope of Hope (just behind the late, great George Carlin).

I highly recommend you watch his latest Netflix special, Paper Tiger. One of the best parts is a bit about Koko the Gorilla. The video below only shows the first half of the bit, but it integrates the actual footage he’s talking about (this isn’t part of the special; some YouTuber did it on his own). You’ll particularly appreciate it if you actually watch the whole special. Enjoy: