Yet another analyst :)

[cypherdoc]

I have no  idea what technicals you guys are talking about.

Mine were all bullish.

[lucif]

We have also noticed volume divergence

[SkRRJyTC]

We have also noticed volume divergence

Its strange to have weak volume in a 3, yeah?

[thefiniteidea]

Bit of bubble it seems.. should be at about $18 right now according to this long term trend... $50 later in November



If this follows, 2014 will be INSANE

 

[ElectricMucus]

here come the log charts.

 

[thefiniteidea]

here come the log charts.

 

I like log charts :-D

[lucif]

Bah... S&P500 rallying again to new highs.

Bitcoin also can continue.

I have a feeling that same people sit here and there and press "buy" or "sell" in both places.

[humanitee]

I have no  idea what technicals you guys are talking about.

Mine were all bullish.

Clearly you weren't drawing enough arbitrary red lines on one single indicator.

[cypherdoc]

I have no  idea what technicals you guys are talking about.

Mine were all bullish.

Clearly you weren't drawing enough arbitrary red lines on one single indicator.

 

awaiting the big, long green candle! 

[Melbustus]

that picture brings back memories of the Cold War.  i remember the nation being actually scared.

i mean, the Ruskies had the biggest nuclear bombs, the biggest army, the biggest tanks.  they put the first man into space, they built the first space station.  they were deemed to be one bunch of smart mofo's that were gonna blow us to smithereens.

and then they ran into the buzzsaw of irrational Western finance.  while the Soviet Union was building up this huge empire and hunkering down in their bunkers ready to push their launch buttons, we were having one big party.  i mean hell, we inflated housing bubble #1, then stock bubble #1 (Nasdaq), then housing bubble #2, then stock bubble #2. THIS is what, in fact, caused the Soviet Union to implode.  the insanity of Western Finance.  the irrationality of inflate at all costs. the poor suckers ended up going broke.

the Soviets were typified by this guy named Boris Spassky.  man, that dude could play traditional chess.  he had massive brainpower, knew all the openings, endings, and mid game strategies.  he was deemed unbeatable.

and then along came this American buzzsaw named Bobby Fischer.  Fischer was cocky, brash, smart as hell, and most importantly, unpredictable.  he seemed even somewhat insane.  you never knew what the hell he was gonna do in terms of his next move.  they met in the Grand Master's World Chess Championship also dubbed the Match of the Century.  it was riveting and the anticipation was never so high.  being a chess player myself i remember tuning in intently as a kid.  the match typified the West vs the East, communism vs democracy, good vs evil, etc.  while Boris could think 12 moves ahead, Fischer could think 24.

the tl;dr version is that Fischer just kicked Spassky's ass and wiped the stage with it using some of the most unusual, somewhat insane moves anyone had ever seen.  what a metaphor.

so the moral of the story lucif is this; get an imagination.  realize you've run into a buzzsaw called Bitcoin.  while you're no doubt hunkered down in your apartment shorting Bitcoin, it keeps going up.  understanding the insanity of the world when it comes to finance never hurts.  

Great post.

[lucif]

Yeah, it was a good ending diagonal with pump-then-dump ending pattern.

We got at least consolidation zone or TOP of wave 3 off 9.77 low at $25.91 (Almost my 26 call). Futher sub-20th retest expected. Bulls should pray sub-20th to stay.

[Le Happy Merchant]

Hey lucif, post your 1000th post.

[cypherdoc]

that picture brings back memories of the Cold War.  i remember the nation being actually scared.

i mean, the Ruskies had the biggest nuclear bombs, the biggest army, the biggest tanks.  they put the first man into space, they built the first space station.  they were deemed to be one bunch of smart mofo's that were gonna blow us to smithereens.

and then they ran into the buzzsaw of irrational Western finance.  while the Soviet Union was building up this huge empire and hunkering down in their bunkers ready to push their launch buttons, we were having one big party.  i mean hell, we inflated housing bubble #1, then stock bubble #1 (Nasdaq), then housing bubble #2, then stock bubble #2. THIS is what, in fact, caused the Soviet Union to implode.  the insanity of Western Finance.  the irrationality of inflate at all costs. the poor suckers ended up going broke.

the Soviets were typified by this guy named Boris Spassky.  man, that dude could play traditional chess.  he had massive brainpower, knew all the openings, endings, and mid game strategies.  he was deemed unbeatable.

and then along came this American buzzsaw named Bobby Fischer.  Fischer was cocky, brash, smart as hell, and most importantly, unpredictable.  he seemed even somewhat insane.  you never knew what the hell he was gonna do in terms of his next move.  they met in the Grand Master's World Chess Championship also dubbed the Match of the Century.  it was riveting and the anticipation was never so high.  being a chess player myself i remember tuning in intently as a kid.  the match typified the West vs the East, communism vs democracy, good vs evil, etc.  while Boris could think 12 moves ahead, Fischer could think 24.

the tl;dr version is that Fischer just kicked Spassky's ass and wiped the stage with it using some of the most unusual, somewhat insane moves anyone had ever seen.  what a metaphor.

so the moral of the story lucif is this; get an imagination.  realize you've run into a buzzsaw called Bitcoin.  while you're no doubt hunkered down in your apartment shorting Bitcoin, it keeps going up.  understanding the insanity of the world when it comes to finance never hurts.  

Great post.

thanks.  you're putting up some good ones yourself.

[lucif]

Its strange to have weak volume in a 3, yeah?

Alternative counts are always present.

[lucif]

Went too far away from weekly sma




[lucif]

Another view. Fighting with resistance. Breaking up from here may mean another wave 5 extension (up to 32).

[ElectricMucus]

Oh wow that has not only been been absolutely useless but also 180deg reversed.
Looking back at this thread that seems to be even consistent, it seems you are intentionally misleading people.

[lucif]

Are you dump? I post some variants I see.

Btw, looks the last variant going to expand.

[lucif]

Touched and bounced up from upper weekly bollinger

[lucif]

And also daily envelope