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.
A couple of days ago, I did The Path to Total Surrender post, which nervously pointed out the price action that would, once and for all, zap any morsels of bearish hope for the foreseeable future. So far, those levels haven’t been breached, and on Tuesday we experienced the biggest drop in Chinese stocks in 16 years. Al the same, the risks are still very present, and none of them have changed their price points.
The NASDAQ Composite gap remains unviolated.
Man, oh man. Just read this. And keep in mind, THIS IS DURING A BULL MARKET. Can you IMAGINE these clowns when the wipeout finally hits? It’s going to be wall-to-wall bankruptcies. The boldfaced text is the only modification I’ve made to the original post.
