A long-standing favorite short of mine has been Apache, whose magnificent diamond pattern I've pointed out before. This looks like an amazing long-term short.
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.
Topping is a Process (by Springheel Jack)
I think equities may well fall today, but if that isn't the case, the anchor for the close today is the weekly upper bollinger band on SPX, and that is now at 1534. If we are to see a close hugging this band for yet another week, I'd expect the close today to be in the 1526-34 area, ideally near 1530:
