Today the Slope of Hope turns nine years old. Nine. Years.
As some of you may recall, I wrote my first post on March 29 2005 from the Ritz in Cancun, Mexico. I had sold Prophet just two months earlier, and I had taken my wife and children on vacation. I remember Joe Montana took the elevator with us and counseled us to enjoy our kids since “they grow up fast.” As much of a cliche as that is, it certainly is true. (more…)
Well, it took an entire trading day for my Facebook prediction to pan out beautifully. I’ve tinted the area where I put up the “short” post. Let the good times roll:
I’m really going to have to rename these occasional winners, because they are happening far too frequently. Anyway………EWZ short – - nailed the target. Your bikini zone is now clear.
The occasional winners just keep coming! Maybe there really is something to this charting stuff.
You’ll recall my touting Hercules Offshore as a great short. Well, in just a couple of weeks of time, it has fallen to its supporting trendline. I just covered at a very good profit. Huzzah!