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.
Remember Alibaba? That’s symbol BABA, and I had forgotten they even existed. They had been one of the biggest tech companies in the world, but now they’re worth about one-fifth their peak value and looking to just keep sinking.
Even I’m not crazy enough to short this thing, but good God, just look at Eli Lilly (LLY). It’s a straight blast higher, day after day, and it has a price/earnings ratio in the triple digits. Are they expecting a cure for every form of cancer in the next few weeks?
It could take years for Alcoa to reach its bottom, and I’m not patient enough for a grind this slow, but it’s a very powerful down-trend.
