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.
Yesterday, I came THIS close (holding fingers very closely together) to buying PALL (the palladium ETF) only because I want to own this and figured that it was at least cheaper than it had been a couple of days prior. Luckily, the moment I glanced at the gold and silver charts, I dropped that notion, because it’s going to be a while before precious in general is cheap enough to be appealing. (Indeed, /PA was smacked down about 7% earlier this morning).
I presently have 24 short positions. Four of them are specifically based on price gaps, and they are shown below. Click on any image for a much bigger view. The arrow marks the gap, and the tool tip (black rectangle) shows the price level of the gap itself. My stop-loss orders are a little above these levels.
Halliburton (HAL) is blasting higher today toward its price gap at 24.62. May I suggest shorting HAL with a stop loss a little above that level? I may? Why, thank you!
I’ve long held that rates are heading much, much lower, and for a long time. Why? Because the economy is heading for a dumpster. And, as God intended, down they go…………
Recycling the last post since folks couldn’t comment: I’ve been waiting for D.R. Horton to close its price gap. I might be jumping the gun a little bit, but it’s close enough for me. After all, it has taken months for this thing to crawl back.
