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.

Same Old Same Old?

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I was quite intrigued by see an article on ZeroHedge which basically stated that a level had been reached in the stock market which had a 100% success rate for the buy-the-dip crowd. Naturally, I wanted to dig deeper, which is what this post is about. Here, very simply, is the SPY with a 100 day exponential moving average. I have taken the liberty of circling the areas at which, over almost two full years, the prices tagged the moving average, and indeed ZH is right; it worked 100% of the time. (And, if I was king-sized-douchey, I would say “Full Stop“, but God knows I am nothing of the kind, so I shall not type that cursed and absurd word pair).