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.

Ethereum Delirium

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This quick chart shows how $ETH has been degrading since it peaked about ten weeks ago. It seems like a modest reversal, but the loss is approaching 40% of its, ummm, “value“. This whole crypto thing could wind up as one of the biggest financial wipeouts in human history. We shall see soon enough, but one thing’s for sure: the crypto bros aren’t going down without a huge fight.

Fix Your Little Red Wagon

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The past couple of weeks have created a thrilling change in the tone and structure of the entire equity market. I see it illustrated with:

  1. important lifetime tops at important levels of resistance;
  2. a shift from “higher highs” to “lower highs”;
  3. a clean succession of price gaps, which are vital for setting stop losses.

The NASDAQ Composite illustrates all three of these beautifuly.

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