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.

Soft Money

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It will be no surprise to long-time readers that I’m very picky about my work environment. In particular, I cannot stand sitting at a desk. I need to stand.

Since most of the world is designed for people to sit their rear ends on a chair and stay planted there all day, I have to improvise. Sometimes with boxes. Sometimes with boxes of games. And, this time, with two squishy pillows on top of a table. One does what one must.

Bull Durham

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After two days of selling for the entire year (August 1-2), things are back to normal, which means:

(a) the market goes up every day, irrespective of true value
(b) when it isn’t busy organizing Klan rallies, ZH is spouting whatever Goldman Sachs tells them to say
(c) target prices are establishing predicated on every citizen buying at least $5,000 worth of product from Nvidia.

Here’s what the /ES has been up to ever since almost every brokerage decided to go offline and become inaccessible for trading on August 5th:

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Crypto Still In The Inflection Point

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Last week I was writing about the inflection point that Crypto had reached short term, and they are still in that same inflection point, with a decision really needed in the next day or two if Crypto are going down any further, so a couple of days more uncertainty will considerably increase the odds of a break up.

The overhead resistance is, mostly, at the daily middle bands. I say mostly because BTCUSD (Bitcoin) has already broken back above it on Monday and tested the 50dma, though it failed there and closed back below the daily middle band yesterday and so failed to confirm Monday’s break above.

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