Exactly twenty-two years ago, I walked into the Fry’s Electronics store in Palo Alto to get a few items, and I was faced with this cheerful cover on the magazine rack:
The Boom that Busted
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.
Razordouche
I’m working on a post that I intend to publish this afternoon, and in doing my research, I stumbled upon the video gem below. It is a brief bit from a 60 Minutes piece about the (at the time) red-hot, multi-billion dollar firm Razorfish (For those who didn’t survive the dot-com mania, incredibly stupid names were de rigueur.) Anyway, give it a watch, because it’s hilarious how overconfident and douchey this pair of (at the time) incredibly rich “entrepreneurs” behave trying to answer a basic question.
Oil W.A.G.
Well, SlopeCharts knocked it out of the proverbial chart park yesterday morning with its oil prediction. Let’s stumble ahead into another wild-assed guess, and it is this:
Emerging Markets Island Reversal
Torpedoed
Yesterday morning, in my Oil Roiled post, I wrote:
I suspect the next level of support for crude will be around $50, both because this is the next Fibonacci retracement level but also becomes humans are weirdly hung-up on Big Round Numbers.
Let’s check in with an updated crude oil chart, with my “around $50” level tinted:
