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.
Every single index chart below shares some things in common: (i) they have remained below crucial resistance levels (ii) they are in the throes of completing what could be important topping patterns OR have completed the pattern (iii) given their exceptionally lofty valuations, they have ample downside potential.
These headines just kill me – I never said those words! Anyway:
As much as I love shorting stocks, I often have trouble shorting stuff which has already lost half of its value like, say, Netflix. I mean, yes, the long-term chart looked bearish enough, but I didn’t do anything about it.
I’ll just leave this news item here.
