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.

20th Century Crox

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My best-performing short position today is CROX, down about 13% – – not due to countless children being sucked into the bowels of escalators, but instead due to their most recent earnings and their CEO's departure. I shorted this stock mainly because of The Breakout That Never Happened. It seemed to be exhausting itself at the horizontal line, so I shorted it just beneath it. This was a speculative play, so I've covered the position and counted myself lucky, although it certainly may slip farther.

0226-crox

By the way, is there some Large Forehead fetish I don't know about? I seem to be seeing a lot of them lately while browsing the web.

0226-foreheads

Raw and Uncut

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Since my beloved Slopers seemed to have turned bullish en masse, I'm not sure if this will be of interest to anyone – – but after many hours of looking at the charts, here are forty-four shorts I have just entered, along with the stops I am using.

Go Cramer! Boo-yah!

ABD……….7.46

ADBE……….34.64

AFL……….50.41

ALV……….46.15

APD……….69.70

ATAC……….23.78

ATO……….27.78

AVP……….30.90

BAX……….57.92

BEN……….102.37

BHP……….75.71

BIO……….97.98

BLC……….7.11

BRCM……….31.96

BRY……….28.71

BTU……….47.47

CHRW……….54.51

CNI……….53.72

CSX……….49.25

DISCA……….32.67

DOW……….29.26

ECLP……….19.10

FLEX……….7.28

GEF……….50.64

GIL……….25.16

HON……….40.86

HOT……….38.73

IBM……….128.28

JBL……….15.46

MTB……….78.98

OI……….30.20

PRSC……….13.02

RL……….81.71

RRD……….21.27

RSG……….29.02

SIAL……….48.94

STZ……….15.85

TRN……….17.98

TXN……….25.16

UTX……….69.32

XL……….18.52

ZOLT……….9.16

Uncle Buck

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USD Daily:  MA 50 crosses above 200, MACD well above zero, AROON trend up and support at 79.50.

Usddaily 

USD Weekly:  EMA 10 supportive, MACD on verge of big time bull signal and AROON trend up.

Usdweekly 

USD Monthly:  Dealing constructively with strong resistance, MACD okay and will be flat out bullish if it gets above zero. AROON trend up.

Usdmonthly

So tell me, where are the 'Dollar Collapse' cultists now?  You know,
the smart guys making a living out of touting the destruction of this
intrinsically worthless currency in favor of other more 'sound'
currencies?  Give me a break.

It's all a confidence game and right now confidence is ping ponging
around the globe from the trying to be all things to all people debt
note in Europe, to the reserve currency debt note of America to the
commodity/resource currencies of Australia and Canada.  FOREX jocks are
having a blast but most Americans probably think the dollar is still in
the tank.

The boring old blogger will simply remind that it is long past time to begin securing your future against these rackets. —Gary(biiwii)

Flag Or Three

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It's Brian Johnson again and here's a video on the current state of the markets and what to look for as we move forward. Both the DOW and the SPX are still in bear flags but they're still NOT confirmed until we break out of them to the upside! The big gap down today certainly didn't give anything away as to where exactly we are and what our next direction will be. I still remain neutral to bullish in the short term until we close below 1075 and bearish in the longer term.