My obsession with the Dow Utilities is starting to wane swiftly. As anyone reading Slope for more than a few days knows, I was mesmerized by the huge diamond pattern in $UTIL. The pattern is still there, and nothing has ruined it, but by GOD this has been an exasperating trade. Perhaps someone as impatient as me shouldn’t mess with stuff that moves so glacially (and, recently, against me).




