Slope of Hope Blog Posts

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Ninety-Nine Bottles of Bear on the Wall

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I went through all my charts last night and in the wee hours of this morning, and I've lined up 99 bearish opportunities. Given the strong bullish bias of pre-July 4 trading, I might hold off until tomorrow to jump in with both feet, but there is a wealth of great shorts waiting to be had.

I'll also mention that I've succumbed to the advice of Slopers and exited my TBT long this morning. I took a small four-figure profit on the trade, but I recognize the danger of the H&S pattern and no longer have this position.

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