I’ve been following the sinking of assets around the world with great interest. Precious metals, in particular, which I’ve been jumping-up-and-down bearish about for many months, are getting absolutely ravaged, and my oft-cited target of “between $1250 and $1300” is already here. I haven’t had a chance to see if we can go further, but I’m happy with the chart, obviously. (more…)
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.
Don’t Fear the Reaper
Yesterday I shorted PAY, and I lucked in to a great profit today. I had no idea earnings were coming out (I’m a chartist, after all; I don’t track such things). I looked at the chart and thought, “where there’s smoke, there’s fire”, and after the huge gap-downs, I figured the recovery PAY had seen would soon be reversed. Little did I know it would come so swiftly. (more…)
Call Me Bearmael
Tim Smacks Down Bull Gheyness
Posted Monday, just after the close (and, no, I didn’t issue a similar comment on any of the prior 20 Mondays……….) (more…)
