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.
Well, thanks for Mario’s negative-er interest rates, the Euro is in a free fall. I’m pleased to see this, because I’ve been harping endlessly on shorting the Euro over in Slope Plus-land. My initial “heads up” about this trade was on July 16th, when I showed the break in this trendline:
I’ve read enough bad-mouthing about FireEye on Slope to take an interest in it, so two days ago, I shorted a meaningful amount. I knew earnings were coming up, and I was a little chagrined to see the stock pop up over 2% after hours Tuesday evening. Well, my concerns were unnecessary, as the chart reveals.. We are now in a market where piece o’crap stocks are actually allowed to keep plunging. (UPDATE: I wrote this post twenty-four hours ago, so it’s even less germane now, but all the same, I like the way this stock looks on the short side).
