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.

Globalist Financiers Fleece Greece

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Greece was brought to her knees at the hands of its corrupt political class elites with the full support of an avaricious international banking cabal. Please don’t put the blame on the little old lady pushing her Gyro cart up the steep streets of Kolonaki. She was perfectly within her rights to assume that the leadership of her country knew what the hell they were doing whilst managing her distinguished nation’s finances.

Yet today, she has taken the full brunt of the fiscal pain, while those most responsible for this massive over leveraged abomination, namely the Greek political family dynasties and their complicit int’l banksters, continue to bask in the sun off of Mykonos on their luxury yachts.

Along with the privilege of leadership comes responsibility, it’s way too easy to simply blame the little people. (more…)

Major World Market Index Poised for Breakout or Failure?

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The World Market Index will need to recapture the 200-day moving average, as well as the 1900 level, as shown on the following Daily chart. Since it’s still under the bearish influences of a moving average Death Cross formation, it’s still vulnerable to a retest of the 50-day moving average, or lower, should we see major world markets plunge…a drop and hold below the 50 level on the RSI could point price in that direction.

Bancolombia

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Just about every day for weeks now, I’ve been thinking, “CIB sure looks like a huge topping pattern; I should short it, but it’s already gone down so much.” But then it would just keep sinking. So I finally threw my hands up and decided that the enormity of the pattern would take care of everything in the end. Thus, yesterday, I shorted it. Here ya go:

0303-cib

Minority Reports

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I’m ready to do a projection of what I am thinking may well happen on SPX over the next twelve months. My main scenario is this, and variants of the same scenario. It’s a good fit with the pattern structure, and the first month indicator for 2015 that indicated strongly that 2015 would at best be a flat year.

Does this match any other forecasts that I’m reading? Well no, most are far more bullish and they could be right, but I posted an even more minority view projection for bonds at the start of 2014 to general incredulity, and price followed my arrows very well for the next six months as everyone betting on the almost universally expected big bonds decline got a very nasty surprise. We’ll see whether this projection fares as well as that one did. SPX daily projection 150224:

150224 SPX Daily Projection 150224

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