The chart below is simple and, I think, important. At the top is the candlestick chart of the Dow Jones Composite, which has been, thanks to that disgusting pig Powell, banging out higher highs. Beneath it is Slope’s own advance/decline summation index, showing how on the exact same days, the market has been making lower highs. In other words – – bad breadth, and you ain’t gonna cure it with a breath mint.
![comp](https://slopeofhope.com/wp-content/uploads/2020/10/comp-1-640x631.png)
I presently have 40 short positions. Below are my five best performers. It is certainly my hope to hang on to them for many weeks, if not months, to come.
![slopechart WMB](https://slopeofhope.com/wp-content/uploads/2020/10/slopechart_WMB-640x343.jpg)
![slopechart AIV](https://slopeofhope.com/wp-content/uploads/2020/10/slopechart_AIV-2-640x328.jpg)
![slopechart WRI](https://slopeofhope.com/wp-content/uploads/2020/10/slopechart_WRI-640x328.jpg)
![slopechart RCL](https://slopeofhope.com/wp-content/uploads/2020/10/slopechart_RCL-2-640x328.jpg)
![slopechart HEP](https://slopeofhope.com/wp-content/uploads/2020/10/slopechart_HEP-640x328.jpg)