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.

Spare a Quid, Guv’ner?

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It is typically the nature of leveraged instruments to get completely warped and distorted from their underlying basis. Look no further than USO for screeching evidence of that. Sometimes, however, leveraged instruments seem to follow the rules of charting even better than most “normal” instruments.

Take QID, for example. This is the ultrashort based on the QQQ. It has, naturally, eroded severely over the years, falling from almost $8,000 to a mere $16 recently. In spite of this, it is following trendlines magnificently.

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