Rather an interesting relationship between the agricultural ETF, symbol DBA, and its Fibonacci arcs:
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.
Ag’s Hole
One of the big beneficiaries of the sabre-rattling lately has been the agricultural sector, as illustrated by the surge in DBA. It’s mashed right up against its Fibonacci retracement, and it’s also very close to a huge descending trendline. I went ahead and shorted a bunch of DBA just now. (more…)
A SOH Brother and His Inspiring Enterprise……………Respect!
Note From Tim Knight: The post below is an unusual one for Slope, as you will soon see. I would not normally publish a post such as this, but I am doing so principally out of gratitude to BDI who has provided dozens of outstanding submissions in the past (to say nothing of his constant presence in the comment stream). However, because the post does allude to a business opportunity, I want it made absolutely crystal clear that the presence of this post is in no way an endorsement. I have absolutely nothing to do with the business at all, nor do I vouch for it or potentially benefit from it in any way. I am simply letting BDI had some Sunday air time to talk about something he’s doing and what I think are the fairly interesting facts behind it. Caveat Sloper!
Windbreaks For Natural Gas
Hey Fellow Slopers,
On Friday, Tim Knight warned that the United States Natural Gas ETF (UNG) might be headed for steep leg down (“Is Natural Gas about to break wind“) For any investors who are thinking of holding their noses and staying long anyway, I thought I’d post a couple of quick ways to add downside protection to that ETF. (more…)
