Bitcoin Forum

Economy => Speculation => Topic started by: N12 on March 07, 2012, 04:24:27 PM



Title: Calling the Top
Post by: N12 on March 07, 2012, 04:24:27 PM
I’ve called the 3.8 bottom before, so now I will do the same here.

5.07 will remain unbroken for the weekend at least.


Title: Re: Calling the Top
Post by: proudhon on March 07, 2012, 04:28:17 PM
I’ve called the 3.8 bottom before, so now I will do the same here.

5.07 will remain unbroken for the weekend at least.

Oh dammit!  I forgot the weekend is coming.


Title: Re: Calling the Top
Post by: N12 on March 07, 2012, 04:31:28 PM
I’ve called the 3.8 bottom before, so now I will do the same here.

5.07 will remain unbroken for the weekend at least.

Oh dammit!  I forgot the weekend is coming.
OH GOD THE WEEKEND :o :o :o :o :o

GET RID OF ALL THE BITS


Title: Re: Calling the Top
Post by: dopamine on March 07, 2012, 04:33:54 PM
Double Top formed how low can we go?


Title: Re: Calling the Top
Post by: N12 on March 07, 2012, 04:34:38 PM
Double Top formed how low can we go?
Double Bottom 3.8?


Title: Re: Calling the Top
Post by: Crypt_Current on March 07, 2012, 04:36:43 PM
4.20  ;D ;)


Title: Re: Calling the Top
Post by: proudhon on March 07, 2012, 04:37:44 PM
http://www.youtube.com/watch?v=bXsmGSnq3lE (http://www.youtube.com/watch?v=bXsmGSnq3lE)


Title: Re: Calling the Top
Post by: dopamine on March 07, 2012, 04:42:07 PM
Guess who showed up at Bitcoinica *


Title: Re: Calling the Top
Post by: proudhon on March 07, 2012, 04:42:17 PM
4.20  ;D ;)

That seems like a good guess.


Title: Re: Calling the Top
Post by: SkRRJyTC on March 07, 2012, 04:42:36 PM
Guess who showed up at Bitcoinica *

lies


Title: Re: Calling the Top
Post by: dopamine on March 07, 2012, 04:43:36 PM
sorry it was showing and now I can short...


Title: Re: Calling the Top
Post by: Crypt_Current on March 07, 2012, 04:46:28 PM
Guess who showed up at Bitcoinica *
connection fail nothing more



this is your new god

Quote
Long Position    -$0.20
Short Position    $0.05

Yep, new indicator  :)


Title: Re: Calling the Top
Post by: Crypt_Current on March 07, 2012, 04:48:00 PM
sorry it was showing and now I can short...

According to Goomboo's Journal, if you are following that hourly system, you should have shorted around 4.96-4.97  ;)


Title: Re: Calling the Top
Post by: chsados on March 07, 2012, 04:51:13 PM

this is your new god

Quote
Long Position    -$0.20
Short Position    $0.05

forgive my ignorance, but what can we extrapolate from this data?


Title: Re: Calling the Top
Post by: proudhon on March 07, 2012, 04:55:30 PM

this is your new god

Quote
Long Position    -$0.20
Short Position    $0.05

forgive my ignorance, but what can we extrapolate from this data?

Don't do this:

http://i43.tinypic.com/a5c9j7.png


Title: Re: Calling the Top
Post by: OgNasty on March 07, 2012, 05:00:40 PM
this is your new god

Quote
Long Position    -$0.20
Short Position    $0.05

forgive my ignorance, but what can we extrapolate from this data?

From this data you can see that so many people are leveraged long on Bitcoinica they are actually willing to pay people to go short.  This means that everyone is betting the market will go higher.  When everyone bets one way, the market typically goes the other way.  This rule will hold true until it doesn't.  Invest wisely.  There is no magic indicator.


Title: Re: Calling the Top
Post by: proudhon on March 07, 2012, 05:02:57 PM
I'm tempted to reinforce my long.  Talk me out of it.


Title: Re: Calling the Top
Post by: notme on March 07, 2012, 05:04:59 PM
I'm tempted to reinforce my long.  Talk me out of it.

We could go as low as 3.8.  If you keep that in mind, go for it ;).


Title: Re: Calling the Top
Post by: N12 on March 07, 2012, 05:05:20 PM
I'm tempted to reinforce my long.  Talk me out of it.
Compare current rise to the one up to 5.9. Remember? The decline that was initiated by S3052’s subscribers. Do you think the rise looked healthy?

Or, in simpler terms: Do you want to be a FlipPro/Technomage?


Title: Re: Calling the Top
Post by: proudhon on March 07, 2012, 05:09:35 PM

Or, in simpler terms: Do you want to be a FlipPro/Technomage?

Haha


Title: Re: Calling the Top
Post by: Hunterbunter on March 07, 2012, 05:12:16 PM
I'm tempted to reinforce my long.  Talk me out of it.

I know exactly what you mean...but is that crazy?


Title: Re: Calling the Top
Post by: proudhon on March 07, 2012, 05:14:18 PM
I'm tempted to reinforce my long.  Talk me out of it.

I know exactly what you mean...but is that crazy?

YES!


Title: Re: Calling the Top
Post by: Hunterbunter on March 07, 2012, 05:16:01 PM
I'm tempted to reinforce my long.  Talk me out of it.

I know exactly what you mean...but is that crazy?

YES!

Why hasn't there been an ensuing dump?


Title: Re: Calling the Top
Post by: N12 on March 07, 2012, 05:17:23 PM
Why hasn't there been an ensuing dump?
To lure you into buying.

(Because the market needs time to breathe and retrace? ;D)


Title: Re: Calling the Top
Post by: notme on March 07, 2012, 05:19:56 PM
Why hasn't there been an ensuing dump?
To lure you into buying.

(Because the market needs time to breathe and retrace? ;D)

+1

Price is out of hourly bands, RSI is at 30.  Bears are just more patient than bulls.


Title: Re: Calling the Top
Post by: Crypt_Current on March 07, 2012, 05:34:46 PM
I'm tempted to reinforce my long.  Talk me out of it.

I know exactly what you mean...but is that crazy?

Just keep enough margin to survive Zhoutonging down to 3.80, then pump up your long when it bottoms.  You may need to stay tuned in more than you'd like  :-\
It'd be nice if Bitcoinica provided notifications in general, not just for orders.


Title: Re: Calling the Top
Post by: N12 on March 13, 2012, 03:44:57 PM
CALLED IT

 ;D