Pause is your friend!
Under Timing, set the Time Divisor to half (eigth note) or quarter (sixteenth note). You can then start the slide pretty much wherever you might need it. You'll click once to start it, the move your mouse out and left click to set a waypoint, or right click to finalize the slide.
If you want it to go back and forth on the same slide, left click once to set, add any way points, right click to finalize, grab the end of the slide in the timeline at the top and drag it to the right. I think slides will always force a full beat (quarter note) slide.
Once you can get one down, it gets really easy!
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