Category Archives: Victory

Fall of an Icon

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Iconix Group (symbol ICON) is a stock I mentioned so many times as a short idea, I stopped even saying anything since it got so repetitive. Today is finally went into a full-blown free-fall, as the clean topping pattern so plainly suggested. I can only hope the dozens of other fantastic short setups succumb to reality just like ICON did today:


Oh What a Plus

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I usually keep Slope+ posts and ideas behind the beautifully manicured topiary surrounding the Slope+ garden, but I wanted to share a recent success story to illustrate (1) the kinds of cool ideas you non-plusers are missing (2) how I actually do, gasp, offer up long ideas (although, cough cough, this particular one was to go long a bearish fund).

On the morning of March 25, I published a post called Aggressive Long which suggested buying the symbol DUST to take advantage of what I felt would be weakness in precious metals miners. I’ve marked the approximate publication time below with a green arrow, and I’ve tinted beneath that the suggested stop loss of 14.76 (which was never hit).