The resplendent Keirsten sent me the chart below last night, which shows a rather amazing mirror image of the NYSE Summation Index (comparing the bull run last year with the bear formation this year). Good stuff!
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.
It’s About Time
Just for the halibut, I fired up Excel last night to do a quick time calculation. I entered the date of the market's nominal top (cell A1), the date of the bottom so far (A2), calculated the difference in calender days (B2), multiplied it by a Fibonacci .618 of those days (B3), and then added that sum to the date of the market's bottom. The result is in A3. And with that, I'm going to resume putting books in boxes……
