When you write about Coinbase before it drops another 9%.
(more…)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.
KA-BOOM!
Back when I had taken my virtual trading account from $100,000 to about $4 million, I was getting some serious flack (and some semi-serious hints that I was cheating or gaming my own system). Well, folks, easy come, easy go. I’ve kept the same aggressive stance, and I’ve gotten my bear bottom blasted, now being down about 55% from that peak. At least people will maybe give me credit for not cheating!
A Dozen Days
TWELVE DAYS IN A ROW of green bars on the S&P 500 fund. Can you imagine – -in your wildest dreams?? — what kind of screeching and shrieking would be happening if all twelve of these bars were red instead of green?
Our Daily Bread
As anyone with functional eyeballs can confirm, the market schtick lately has been as simple as can be: an overnight drop and, soon after the cash market opens, a ramp out of the clear blue sky based on absolutely nothing whatsoever. Much of the day is spent grinding around a price pin, and then, blammo, the day ends with a final burst of buying.
Trying Not To Think About Viacom
Bill Hwang looking unperturbed, presumably before Archegos blew up (photo by Emile Wamsteker for Bloomberg).
(more…)