In a normal, sane market, I would actually buy these. As it is, though, I’m just sharing, just to mix things up a bit. I wouldn’t actually buy something in this market; are ya crazy?
Some Classic Long Patterns
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.
Failure Specifics
I came into the day with 25 January 2023 puts, 4 October 2022 puts, and 1 September 2022 put. If you know me at all, you know that having something expire literally next week does NOT sit well with me. Mercifully, the trading gods gave me a golden opportunity to GTFO, and I did!
I’m Awash in SlopeAlerts
Now We Can Trade Again
Well, I’m glad that’s over. We got the last ridiculous three-day weekend out of the way, leaving for 2022 just two more holidays, each of them actually worthy of a day off: Thanksgiving and December. Better yet, we’ve got this huge strength of time – – virtually the whole of September, October, and November – – uninterrupted by another let’s-sit-around-and-do-nothing days off. So we can focus on what’s important in life, again, and that’s financial charts and trading them.
I had hoped that over the long weekend, Bitcoin would provide some clues, but this thing has gone totally catatonic. Eleven days of clinging to $20,000 and not budging. It’s truly a site. There are passbook savings accounts at your local bank with more volatility.
