Greetings, one and all. It’s been a little crazy on this end, so I’m still trying to get my day fully into gear. In the meantime, I wanted to share one of my short positions that I think is going good places (that is, downward): (more…)
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.
Bears Must Perform Today
I was mentioning the possibility repeatedly last week that ES / SPX might return to retest the highs and there is now a clear dividing line to determine whether that is likely. That is declining resistance from the high on SPX which was confirmed with a third touch at the afternoon high on Friday. I posted the SPX 5min chart showing that on twitter yesterday and here is that chart again. SPX 5min chart: (more…)
It Bears Repeating
This is going to be a very lazy post (I sometimes consider myself insane for working on this blog 365 days a year for the puny advertising revenue it generates, which is why I save all my best ideas for paying Slope+ members; suffice it to say most of you folks don’t exactly heed my pleas for clicking on ads or at least turning off AdBlock, so I’ve kind of given up………). But, what can I say – I’ve had blogger’s guilty for nine years now, and there’s no reason it’s going to stop now.
Last week was the most fun I’ve had trading in months, and I’m sensing an important change in the balance of power. I already have a breathtaking number of short positions, and I’ve got 28 more I’m interested in adding.
I have thoughtfully provided the symbols here on the left. I’ll leave it to you to chart any of them which interest you. Some you’ve seen, some you haven’t. But they all share one common property – – they are fish in the barrel whose water I intend to shoot.
Long live Jambi.
