Here are a few examples of the kind of superb firebombs I was able to short (I covered all of them early today at great prices). There is Advanced Micro Devices:
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.
Blown Away
Good morning, everyone. Back on September 10th, I did a premium post called A Mighty Wind, which suggested shorting Beacon Roofing. It was about $43, and here’s what it was doing at the time:
Shattered Trendlines Abound
They’re everywhere. Just everywhere. Of course, it’s all Powell’s fault, so mushroom-dick is just fine.
Viscosity
The charts I create are deliberately simple. This stands in sharp contrast to the charts of other technicians – – including some who post here – – which are covered with all manner of dazzling indicators, colors, and “rules”. I suppose some people are dazzled with complicated charts. I personally find them to be messy and useless, which is why I stick to my very simple lines and minimalism. It’s all my limited cranial capacity can handle.
All the same, it is during months like this that I appreciate the soft-spoken simplicity of my little charts and their markups, because I believe they have been an effective map in navigating such treacherous waters. My premium members are all too acquainted with my MICE graph which, in spite of my declaration that it’s the Most Important Chart Ever, is about the simplest drawing imaginable. (more…)
Twice as Nice
I recognize all too well the hazards of making any market commentary at nighttime. I am typing this on Monday evening, alone in my home with the exception of all my animals, and the ES and NQ are down nicely, both double digits. However, we had precisely the same situation Sunday evening, and thanks to the Chinese National Team (part of the global cabal that’s created this completely FAKE bull market since 2009), it was Green Green Green by Monday morning. (I still made plenty of money on my shorts Monday, so, screw you, Chinese bureaucratic scumbags).
Anyway, it’s best not to get too excited about the GLOBEX markets. I would, however, like to say one thing about what we’ve experienced during this absolutely marvelous month:
