OK, I didn’t get the exact top, but I was only two days off. My error as a chartist was not respecting the price gap. All the same, here was the idea from September 8th……….
The Intel Winner
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.
Ugly Losses
From the very first time I saw a Polestar, I told you people on Slope about it. I tend to write very subtly and obliquely, so you really had to read between the lines to divine my opinion at the time:
I am an excellent judge of auto aesthetics. It was as ugly as dog shit. This photo doesn’t do it justice. I’ve had a close look at it. The car looks cheaply-made and badly-designed. It’s Chinese, so go figure.
Ugly Is As Ugly Does
Here’s an updated chart, as the stock does PRECISELY what I predicted it would, which is fall like mad toward $0.
It Was Pretty Obvious (by Xerxes)
Footing the Bill
It’s encouraging to see how CROX, which I’ve highlighted several times, including just yesterday, is behaving As God Intended:
Trim and Shame
With this post, I’d like to cover three things:
- Why I took profits on my QQQ puts;
- Why I took profits on my NVDA puts;
- Just how grandly I screwed up my AAPL trade
Let’s begin, shall we?
Yesterday, shortly before the close, I glanced over at my /NQ chart and said, out loud (even though I was alone) “That is so beautiful.” I hadn’t realized until then what a perfect setup the chart was, so I did something VERY un-Tim-like and bought a ton of puts which expire not in 2025, not in 2024, but next Friday (the 15th). They shot up 50% this morning, and I took profits quickly. So, yay, me.
Don’t worry, I’m going to balance that success out with a screw-up in a moment.
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