Yesterday, I bought puts in the clothing manufacturer/retailer Gap. It was a surprising fact that this seller of jeans and t-shirts has a P/E of almost 50!
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Yesterday, I bought puts in the clothing manufacturer/retailer Gap (GPS). I based the trade on the resistance line I’ve drawn below, and it was made easier by the surprising fact that this seller-of-jeans-and-t-shirts has a P/E of almost 50!
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What The Fed Is Watching?I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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