It seems to me that long-term broken trendline for the Chinese fund FXI, represented in dashed blue, suggests formidable resistance to any higher prices from these levels.
Chinese Resistance
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.
Thinner Winners
Below are six compelling short-sale ideas from lower-volume issues. Thinly-traded issues have their drawbacks, but these also are more likely to get overlooked unless you have someone like me who does nothing but look at charts all day long.
Fires in the Hole (Part 2)
Fires in the Hole (Part 1)
Spasmodic
I’m getting ready to board Bear Force One for my return flight home, so I wanted to compose a post to give me some breathing room before I get tied up with the tasks of doing so. I’ve got 25 short positions presently, one of which is an options position: long October 17th puts on the DIA (Dow Industrials ETF). The /YM, the futures representing the Dow, have been rather spasmodic over the past day, reversing direction once they move any meaningful amount up or down. Broadly speaking, it’s heading the right way inasmuch as it’s weakening.
