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 Diamond’s Diamond
I wanted to point out a couple of “big picture” charts, as we all wonder just how far this dreadful countertrend rally is going to push. The first is the Dow Jones Composite, which has become, for me, the most important index to watch. There is an interesting gap that took place precisely at the start of the year. Closing the gap would only take another 1.5% push higher in the market. I’ve tinted it below.
Sunday Shoulders, Part Two
I was going through my multitudinous short positions in order to dream up some good content for an otherwise quiet weekend, and I noticed quite a few of my positions were head and shoulders patterns. Some are more “textbook” quality than others, but I’ve augmented each chart to make the pattern more clear. Here’s the second set:
