This gap-fill is almost too good to be true. It's from an ancient gap (July 2008!) and it's from a company I particularly enjoy shorting. The high from Friday was three pennies below the gap. Amazing. I think bears could do to this stock what the two young chaps below are thinking with respect to their companion.
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.
American Binge and Purge
I pretty much gave up on retail ETFs like XRT and RTH, because my bias against shopping culture is so extreme. I find the entire obsession with consumerism to be vile and grotesque. So I simply note with disdain – and no financial interest – the lifetime high in XRT today.
Follow-Up on KIRK Idea
Early last month, I pointed out the very nice topping pattern in Kirkland's. It's working out quite nicely this morning:
