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.

Idiot or Elliott?

By -

You’ve surely heard of the disparaging term “Idiot Wave” applied to “Elliott Wave.” It seems rude and dismissive, although I’ve got to say, very few techniques have had more to do with me prematurely thinking the top was in than good ol’ EW, so I don’t bristle too much at the put-down. As I’ve mentioned, I’ve found EW to be very helpful in bear markets, but in bull markets, it’s been pretty much a disaster.

Below are a few charts from the good folks at EWI, and I’ve got some remarks about these charts as a whole.

(more…)