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.

Is This the Real Life?

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For my entire adult life, I’ve heard about how overpriced Bay Area real estate is, and how one could get a place that was SO much bigger with SO much more land for the same price in Bumblefuck, Oklahoma instead of Palo Alto. That’s always been true, but the fact is that I’ve done better with real estate (by a country mile, even by Bumblefuck metrics) than anything else, and real estate around here seems to do nothing but go up.

Having said that, I must draw your attention to an ad in our local paper I just saw:

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A Modest Retracement on Crypto

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In my post on Tuesday last week I was looking at possibility that we might see a modest retracement on Crypto over the next few days into the end of September, during the last significantly bearish leaning period this year.

In my premarket videos over the rest of the week I was looking at the possibility that daily RSI 5 sell signals might form on Bitcoin (BTCUSD) and Solana (SOLUSD), and that Bitcoin and Ethereum (ETHUSD) might get another leg down within larger bull flags that might be forming from their last all time highs.

Looking at Bitcoin, that next leg down may now have started, and it has retraced to test the first big support level on the way at the backtest of the May (then) all time high at 112k, and the weekly middle band just below that currently at 111,738. The overnight low at the time of writing is at 112,121.

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