If XLE (the energy fund) isn’t the most screamingly obvious short in history, I’m not sure what is.
Now or Never
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.
It Didn’t Help
Gaseous Anomaly
My Gas Ready to Rock post of January 7th certainly has been a screaming success; the arrow marks the time of the post.
The Occidental Tourist
I realize that energy bears are on the Critically Endangered Species list, but I humbly offer you the idea to short OXY, shown below, which is beneath an absolutely mammoth topping pattern.
TNR Energy
When most folks think of TNR, it means Terms & Regulations, but here on Slope, it refers to TNRevolution. I feel a debt of gratitude to the man today, since his comment about the small caps bottoming inspired me to GTFO of my IWM puts at just about the best possible price yesterday morning.
TNR has also been kicking my butt with his energy bullishness (in sharp contrast to my energy bearishness). I stumbled upon this futures chart today which will make him happy. If we cross above that horizontal, I think TNR’s energy bullishness is going to go to “11”.
