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.
No, no, not manufacturing-type factories. I’m talking about the locus of obese Americans with absolutely no self-control or self-respect: Cheesecake Factory. I’ve made this a frequent target of my short ideas, and as my put positions are up 53% at the moment (and I intend for them to be up hundreds of percent once it’s done).
OK, sweet, we’ve got a tasty, nasty bear market finally cooking. So where’s the next important level of support? Well, I’ll get to that in a moment.
Yesterday, when the market had its biggest “up” day in human history, I took the very bold step of writing a post for my Gold and Diamond members and declared, via the post title, “An Argument for a Short Bounce“. In it, I declared:
To be sure, my “sweet spot” is just about 3100 on the S&P 500. But I wanted to show you the above chart to illustrate the real possibility that whatever bounce we get may not be that much more than we’ve already received.
Today’s high on the S&P 500? 3136.72, an overshoot of 1% following the emergency rate cut. It makes me feel good about the insane number of Gold members that have been signing up. I’m trying my best.
(more…)Below are the percentage gains from the 60 shorts I posted about last weekend, sorted by percentage gain from my entry point. This has been a week for the record books. Thank you for sharing it with me.
Last week, I went out on a limb no one dared go out on and declared of Virgin Galactic, ” This is the top for Virgin Galactic. Today. ” You want to know when the top was? Right when I did the post. And how much is it down? About 33%. Another victory for SlopeCharts. So much winning!
