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.
Advanced, Eh?
My short positions are all doing great, and I’d like to talk about just one of them, Advanced Micro Devices (AMD) for a moment. Here is the chart of AMD, which has several bearish things going for it:
- Miles away from lifetime highs;
- Steady series of lower highs;
- Serious (almost embarrassing) under-performance versus the sector
This will go from Good to Great if it can bust below that trendline.
Sell More Thin Mints!
Miners Update
From my five ideas last week………..looking good!
Soarin’ Silver
Well, there I go again. Great chartist. Crummy trader.
My thesis, as I mentioned every 12 minutes, is LONG precious metals (silver, specifically) and SHORT equities. That actually, based on my picks, has been working out just dandy. Yesterday morning, prompted by yet another pop in silver, I decided to take profits and retain only a partial “let’s see how things go” position. Well, the way things “went” has been to continue zipping higher, as I predicted:
