Am I the only one who feels relieved when the price goes down?

[PenAndPaper]

People in this forum know exactly when to sell and when to buy. That is only AFTER a crash or AFTER a meteoric rise of course  

You mean DURING, not AFTER. DURING a crash is exactly when to buy, and DURING a meteoric rise is exactly when to sell. That's why I sold at $857. Easy money.

I m referring to those talking things like "900 was the right price to sell".
No kidding.
I mean that they are saying that only after the crash happened 

[rocks]

Remember the saying: Bulls make money, bears make money, pigs get slaughtered!

What about those who bought a while ago and now just sit back and watch. Are they making money?

[Tzupy]

I am a bit nervous about the way the price goes down, it starts to look erratic on Gox IMO.
I placed my buy order ay 80$, just in case there's a 100k dump till morning, so I can sleep well.

Did you expect it to go down in an orderly manner? Lol

If you would have looked at the charts from April and June, then you would know that Gox
performs capitulation in a certain manner, with certain wave shapes. I studied them, but these new ones look erratic.

[Foxpup]

I m referring to those talking things like "900 was the right price to sell".
No kidding.
I mean that they are saying that only after the crash happened 

What, you expect us to say what we're going to do before we do it? That's stupid. It's more fun to wait and say what we did after everyone else starts panicking, that way we get to watch them get angry at us. It's hilarious.

[wachtwoord]

I m referring to those talking things like "900 was the right price to sell".
No kidding.
I mean that they are saying that only after the crash happened 

What, you expect us to say what we're going to do before we do it? That's stupid. It's more fun to wait and say what we did after everyone else starts panicking, that way we get to watch them get angry at us. It's hilarious.

No, he's saying you're full of shit and I agree

[BitPirate]

I am a bit nervous about the way the price goes down, it starts to look erratic on Gox IMO.
I placed my buy order ay 80$, just in case there's a 100k dump till morning, so I can sleep well.

Did you expect it to go down in an orderly manner? Lol

If you would have looked at the charts from April and June, then you would know that Gox
performs capitulation in a certain manner, with certain wave shapes. I studied them, but these new ones look erratic.

"Capitulation" means "surrender". As in, completely broken, no will to live any more. Finally give in and sell despondently. It refers to the very bottom. It's misused on this forum.

[Tzupy]

It's hard to define the very bottom until it happens. I studied the Gox charts and found multiple EW capitulation patterns
from April until July (final capitulation IMO), from the bubble spike and from other aborted bubbles.
Maybe a new term should be invented for these partial capitulations, until then I'm going to call each a capitulation.
I know some of you dislike the 'misuse' of the term, but I don't have a better one.