Iconix is the latest Slope of Hope success story. Oft-mentioned early this year in videos, and also in posts here and here – you can see the result:
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.
Buried in Occasional Winners
Back on June 15th, I specifically suggested shorting TDC (which was an idea kindly offered to me by a fellow Sloper, who predicted a target price of $30). Here was the chart at the time:
Shift Happened
Allow me to limber up while I pat myself on the back – – or at least pat technical analysis on the back – – because, earlier today, I was vaguely remembering I had written a post that said something like “oil producers are the new gold miners”. With oil producers plummeting so consistently, I wanted to dig it up. Well, it didn’t take long – here it is.
Mille Grazie!
Wow, the Slope saved me yesterday!
When UVXY was grinding along at lifetime lows, I thought, what the heck, I’ll give this a whirl. I had never bought this supercharged volatility ETF before.
I bought it, and it sank a little. I rolled my eyes and moved on with my day. But then it started firming up, and then profits just soared. The chart below tells the whole story. I excitedly put a message in the comments section. Dollar and InflationBomb splashed cold water on my face. And I decided to heed their counsel, seize the easy profit, and run (the green area shows approximately my holding area). I was nervous Greece might surprise us (HA HA HA!) but figured better safe than sorry.
You can, umm, kind of see what happened afterward. “Widow Maker” indeed.
Some people think the comments section can be noise, or even deleterious, to good trading. I personally like to hear what other people have to say, and once in a blue moon, I actually get it through my thick skull to listen! Thanks, guys.
