If I could choose a theme song for my life, I’d want it to be the Pink Panther theme song. It’s the coolest thing ever. The one thing cooler, actually, is the title credits, which are brilliant. Remember, this was done with technology that was just a notch above stone knives and bear skins. Oh, and if you’re wondering who Claudia Cardinale is, whom our feline friend is so worked up about, here ya go. You’re welcome.
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.
Besides having a good day in general, my big winner today was Six Flags, which I covered for a better than 20% profit.
This morning, I wanted to share some charts based on four-hour price bars. I think they paint an interesting picture. First of all is the ES which obviously has been grinding higher. The key word is “grinding”; take note of that resistance trendline. It takes back literally to March 2009. It has shown its resistance power amply, although its angle makes it possible for the market to just keep making lifetime highs even though it is hemmed-in.(more…)