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So I was searching for a comment cleaner for TK & came across Wikipedia's list of oldest companies in the United States. I randomly pulled some big, well-known “blue-chip” names from the list to survey the charts. Consider the bull-run since the end of 2011 reflected here and judge for yourself… I’ll be on the sidelines (for now):
Mentioned this emphatically in my post on March 9th. I've just got to point it out again, for the sake of horn-blowing. The arrow marks where I suggested shorting it. Yeah, it popped a little after that, but look at the big picture.
Hey Slopers, this is my first post on Slope of Hope, and I hope to be able to bring you plenty more in the future.
I want to keep my post short and sweet and just share a couple tradeable ideas. I don't have a crystal glass on where the markets are going to head to next, so I thought I would share one long and one short that could turn into an actionable idea depending on which way the market breaks.
Long: Baidu.com (BIDU)
