Follow-up: In the past decade, DELL has returned negative 85% to shareholders. AAPL is up over 7,000%, which is off being up 10,000% a couple of months ago.
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.
Hush Puppies (by Springheel Jack)
I've said before that strong downtrends can ride the daily lower bollinger band down quite a distance, and we've been watching that on SPX for the last few days. The current run down has covered some 40 points since SPX hit the lower BB again after the last retracement and looking back to July 2011, there have been three previous instances where SPX has ridden the lower band downwards. Counting from the hit of the lower bollinger band, rather from the start of the decline, until the next significant move away from the band, the previous instances were as follows:
- July/Aug 2011 – 195 points (Bear Market)
- Nov 2011 – 60 points (Bull Market)
- May 2012 – 70 points (Bull Market)
