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.
As I keep saying, the only asset I am cheerfully bullish is gold, and it had another good day. Yesterday I made a big point about how the plunge in gold should not be seen as a failure, because it was merely testing support. It did so, and even though “someone threw a war, and nobody came”, Gold closed ABOVE its peak on Monday. Let that sink in. We are higher NOW than we were on the brink of war!
This is yet another “told ya so” post. I am referring to a premium post from December 21st suggesting shorting the label maker Avery, which I saw was working on a head and shoulders pattern. Well, it has decided completed this pattern, and it’s looking better than ever!
I find this amusing and oh so appropriate. Here is a chart of the recent history of Slope’s premium memberships. It consolidated for months, broke out, retraced, and then went ripping higher. Congratulations to anyone who was long calls! George Carlin was right. People are goofy!
I have some epic posts waiting in the wings, but I am going to roll them out when people have more time and attention to really absorb them. So……….just a silly comment cleaner for now.
On January 19th, I did a very bearish post about PayPal, where I said, and I quote…….
I strongly suspect it has a LOT lower to go because – – to use a sophisticated charting term – – it, too, is a steaming pile of dog crap, and will ultimately be valued accordingly.
And now, a short time later, let’s see how ol’ Tim’s nasty view may have come true:
