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.

The Meaningless Top

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This is a great example of how a stock has a personality by way of how it has behaved in the past. Take Costco (COST) as an example. See the nice, neat topping pattern on the leftmost side of the chart? Notice how it didn’t amount to anything? Well, that’s precisely what just happened again. I had puts on it but got out at a small loss Thursday when I realized that this thing is just too robust, as it has plainly demonstrated in the past.

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