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.

Concrete – Economic Indicator? (by Biffermas)

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Concrete names in general are reflecting a pretty unspectacular sector.  The company with the highest market cap is CRH, which is already down 16% in 2010.  Without a firming in this sector it's hard to imagine a glowing general economic outlook going forward, since concrete is quite literally the foundation of all building activity.

A little anecdotal observation shows the topping pattern of concrete companies 2-5 months before a commensurate top in the SPX (either that or my head is full of the stuff).

Topping_comparison

Topping comparison 2 

A Handful of Shorts and Stops

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Even though the bulls have been running the market for about the past ten days, there are still intriguing short opportunities. Below are some symbols I'm shorting along with their stop loss levels.

AGN………..60.86

AIN    ………..21.38

ANF………..    36.25

ASX    ………..4.64

BBD    ………..18.04

CDNS………..    6.14

DBB    ………..21.78

DEO    ………..66.52

ENTG………..    5.26

FAX    ………..6.64

KGC………..    20.45

NSC………..    50.68

PCU………..    32.30

UN………..    31.23