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.

Surging Slope

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Greetings from Atlanta, Georgia, where I’m able to actually use water without guilt (as opposed to California, where we are all praying El Nino actually comes through this winter). I managed to eek my way through the trading day on a plane with a GoGo Internet connection, which is ungodly slow and painful, but it is better than nothing (although just barely).

It was an odd trading day. I was so relieved that the quarter was closed, I didn’t let it faze me too badly that the ES was soaring on the night of the 30th. Gartman finally yelled “Uncle!” in the middle of the night so, as God intended, the markets promptly changed course, and when I woke up they were barely even in the green. It’s too bad the plunge during the day got reversed, and in the end, it was one of those days that might have well just have never bothered opening.

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Plus-flation

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I did a Slope+ post back on September 6th titled Is Plus Too Cheap? You can probably guess what it is about. I wrote, in part, the following:

I’d like to ask Slope Plus folks a very quick favor: to take literally a moment to fill out a one-question survey. I want to make one point emphatic right now: the price you pay for Slope Plus is NOT going to change. I simply want to take a survey for FUTURE subscribers. So don’t worry about shooting yourself in the foot!

As you’ve probably already gathered, I’m wondering if I am selling Slope Plus too cheaply. I work quite hard on the content, but my brain is kind of stuck in the world of what prices were back in 1985 or so. I still think a plane ticket from SFO to LAX should be about $39, and I’m surprised when it’s five times that much. So I think the same kind of “anchoring” caused me to badly underprice Plus.

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Elliott Wave Feedback

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I recently did a post about my odd relationship with Elliott Wave. A Sloper sent a very thoughtful email which I thought you’d find of interest. He has given me permission to publish it:

I’m a long time Slope reader, but rarely read comments and have never contributed (I just don’t have the time). Your recent post, My Odd Relationship with EW, really struck a cord so I thought you might find my experience somewhat interesting.

I was an Elliott Wave Theorist subscriber for years, roughly 1983-1990. While I was too late for the 1982 market blast off, subsequently read back issues verified that the EWT had nailed it. My live time experience for the first 4 years was exceptional. As you said in your post I was “stunned at its prescience”. The EWT called the temporary top in late 83 (best recollection on dates) and then the bottom in 84. And was preaching coming explosion higher.

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