I have harped over and over how bearish I am and I assure you I am only emboldened after today’s action. It was a great day for bears not only because of the large downward movement, but there are key levels that have been noted here which have now been broken.(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.
Be sure to listen to the whole thing. I’m in exceptionally fine form today.
Longer-term readers will recognize the Most Important Chart Ever (MICE). As you can see, this sucker is now a crispy critter.
This was a VERY exciting day, and I’ll be doing a video about it later.
Why am I messing around with boring-ass options that don’t expire for 121 days? Why am I not trading all the action today? Because…………….I don’t enjoy being chopped into HAMBURGER!!