Good God Almighty! I seriously thought we were done with this. I was driving at the time, so I’m glad I wasn’t staring at an ES chart during this mayhem, but………..IMHO OMG:(more…)
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.
Wei Tu Low
“Sell your cleverness and buy bewilderment.”– Rumi
Like the rest of us, I have many characteristics to my personality, some good, some bad. One of the better ones that I am pleased with is a sense of wonder. I am always open to being astonishing. I am always willing to accept the inexplicable as being possible. I recognize, as Saint-Exupéry did, that what is essential is invisible to the eye.
And, thus, with such lofty wisps, I offer the following chart. Although I say it every day, I’ll repeat – – click it for a bigger version, because I use enormous screens, as I personally think people using mobile devices to look at financial charts are psychotic, or at least masochistic. So here we go:(more…)
The Gaps Remaining
I offer below a quartet of important index charts, each of which has a price gap well worth watching (the gap itself is shown in the black rectangle within each chart). Interestingly (almost to the point of impossibility), the last one, the broker/dealer index, isn’t even a gap I drew. It is instead a Fibonacci retracement line, which nailed the price gap literally to an accuracy of one penny.(more…)
The Geddy Museum
First, one of the coolest songs of all time:(more…)