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.
As proud as I am of my prior post, I feel compelled to leave something trading-related up as a header post, so allow me to offer AMD as a bold short idea. Here we see the exponential moving averages beginning to roll over for the first time in a long while:
Boredom. I’ve written about it many times. I invariably describe it as more terrifying to me than death. I’m not exaggerating. The prospect of having nothing to do is miserable beyond belief to me. I do not idle well. I’m not going to relax. I don’t want to relax. I want to make things. And when I can’t make things, I lose my mind. Trust me, I’ve been losing my mind severely lately, and my grappling with the boredom demons has never been worse.
Of course, I don’t just roll around on the floor shrieking when I am in this state. I desperately try to find something productive or constructive to do. But sometimes there’s just nothing left, and I have to get creative. After all, one can sort the proverbial sock drawer only so many times. So I did something I hadn’t ever done before: I opened up my huge trunk of memories, and I sorted through it.
(more…)Here is the OEF (the S&P 100 ETF) for the entire dozen years of this endless bull market. Take special note of the multiple trendlines all converging.
OK, after hacking through dozens of charts, I’ve pulled together a handful of intriguing short setups for anyone lunatic enough to dare put a bearish trade in this environment. Please be reminded that the long dash at the extreme right is marking the latest price value, in order to give some context to the chart as a whole.
I’ve been doing this a while. Slope is in its seventeenth year. I can usually make a silk purse out of the foulest sow’s ear. But, look, folks, take pity upon me. I can write about this……….
