I simply cannot see how any thinking person blessed with eyesight can draw any other conclusion than Hal Linden did, decades ago.(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.
Among my twenty-eight bearish positions, here are the top seven winners (all of them very simple “long put” positions); the present percentage gains range from 35% up to 85%. These are sorted from lowest gain to the best gain. I have zoomed in on what I consider the most appropriate portion.(more…)
On Friday morning I was looking at the short term bull and bear options on SPX and at support and resistance levels being tested. The main resistance level was of course the weekly middle band, now at 4518 and with the SPX close on Friday at 4488, just above support at the daily middle band, there was a complete failure to break back up over that resistance.
SPX weekly chart:(more…)
This is a monstrous sea change, and the blinkered, pig-ignorant public just doesn’t get it.(more…)