As I see crypto melt down little by little, I am delighted to have dumped all my crypto early in the week for good old fiat. I just took a fresh snapshot below; on the top is where my five crypto positions peaked; beneath is where the profits are at now. As you can see, the profits have shrunk considerably, and I’ve got a feeling it won’t be long at all before these (non-existent) positions actually move into loss territory.
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.
Memorial Day Cycles
Class: Symmetric Triangle
Preface to all parts: on this long weekend, I decided to chart almost all the contents of my Bear Pen and break them up into four categories, each of which represents a specific style of chart pattern. I am showing a few for everyone and the rest of them for all paying members. Click on any chart for a larger version.(more…)
Bezos’ Insatiable Appetite
A Welcome Weakening
I simply want to acknowledge how CryptoStream – – thanks to its spiffy new portfolio management feature – – is giving me some comfort right now, since crypto has weakened back to the levels where I sold my five positions (as a reminder, I heartily clapped myself on the back for a 25% profit which proceeded in short order to become 50%). Thus, I don’t feel like so much of a dope. I kind of miss being in position, but I simply don’t want to hang out in an environment where I think there’s going to be a meltdown. Premium members already know my disposition on the direction in the coming weeks. In any case, I urge you to check, out this new feature if you haven’t already.