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.

Betting on Dollar vs Yen (by Mike Paulenoff)

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Rumors are circulating that in an effort to enable its exporters to compete effectively with China, Japanese authorities are considering some sort of currency "peg," perhaps to a basket of currencies, or vis-a-vis the Yuan, or maybe even in part to gold.

In addition, there are currently heated discussions in Congress about declaring China a "currency manipulator," or otherwise coercing China to allow its Yuan to appreciate faster to enable American business to compete more effectively on a global basis.

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NLC, DECK, NOC & More (by TraderHR)

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Nalco Holding (NLC) gained 22 cents to 36.62 Tuesday, approaching a double-top resistance line going back to its huge July up-gap. The stock has been in a rising wedge formation with higher lows converging on the key 37 1/4 resistance line. A break above that point, call it 37.29, would very bullish for the stock.

Other bullish charts to watch for Wednesday are Northrop Grumman (NOC), which could see a trend reversal it breaks above 55 1/2, and Deckers (DECK), approaching its all-time high at 106.07, a break through which could lead to a 112.04 target area.

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