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.

Knock Knock

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We did our monthly free public Chart Chat at theartofchart.net at 4pm EST on Sunday looking at the options on equity indices as well as looking at the usual wide range of other markets. If you’d like to watch the recording that you can do that here or on our February Free Webinars page.

At the closing print of January an RSI 5 sell signal fixed on the SPX monthly chart. There was already an RSI 14 sell signal fixed but the RSI 5 sell signal is a much more reliable and shorter term signal that has much improved the odds that SPX will deliver the ideal backtest of the 3800 – 3900 area that I’ve been writing about regularly since my August 6th post last year.

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Incomprehensible

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A few days ago, I finally finished reading, for the first time, The Rise and Fall of the Third Reich. I would like to introduce this topic by way of Groucho Marx.

I get my hair cut on a regular basis, which is about the only time I am exposed to television. Since I get my hair cut early in the afternoon, what’s on the television is even more horrid than normal since it is, by definition, daytime television.

What was being broadcast was a reboot of You Bet Your Life, this time hosted by a (surprisingly elderly) Jay Leno. Why Leno feels the need to whore himself out on a cheesy daytime game show is beyond me, but there ya go. It’s a free country. I guess he likes the money.

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