For your consideration, a few choice charts for shorting. I am like a kid in a candy store.
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.
Amazing Opportunity to Short $UTIL
I have put 100% of my IRA into SDP this morning. Everything.
Spreads Make Options Unpalatable
OK, I can't help myself. I've got to say – – if this is the "new world" of options, forget it. I'll just trade ETFs. There is no way I can trade in a market where the bid/ask spread is 50% of the price.
This sort of risk would really handicap me.
Quiet Day Ahead
No, I don't mean in the markets. I imagine there will be a little activity there. I'm talking about no flurry of posts. Between work, getting some trades in, and an early afternoon meeting, I'm not going to be posting. So –tawk amongst yerselves. If you can find anything going on to chat about. Good luck today!
S&P’s Line in the Sand
The chart below shows the S&P 500 with a couple of important retracements drawn. The most important is the 38.2% retracement level at a price of 1267.64. As of this writing (about an hour before the open), the S&P is trading up 56 points higher (!) at 1260. How about that?
