Dice Holdings, shown below, peaked in April 2011 (which is a little weird, since they specialize in web sites for career-seekers; one would think the past 2.5 years would have been good to them). Anyway, the shelf of support isn’t very strong, and I’d say it’s vulnerable to much lower prices.
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.
Still My Favorite Country Short: Brazil
After the Feasts
Just a quick post this morning, as I still have guests requiring attention and I’m unlikely to do much actual work today.
SPX had a weak day on Friday but still closed the day within 2 handles and change of the daily upper bollinger band, so it was nonetheless another day riding the band up. I am expecting a retracement soon to establish the main support trendline for the move to my 1965 target, but there’s no strong evidence yet that retracement is starting. SPX daily chart: (more…)