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Author Topic: Was that the top of the dead cat bounce?  (Read 2260 times)
jones31
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December 10, 2013, 04:57:20 PM
 #21

just then on gox?

is this a dead cat bounce?

The cat doesn't look so dead right now.
In fact it's alive and climbing trees like no tomorrow.

Is this cat dead? Or alive? Or maybe both? Schrödinger's cat?
We won't know until we open a (Christmas) Box Wink

If you can hear the cat meowing from the box , and scrating the sides , what do you assume?
I go for the cat is alive and running at 950 Rpm right now (gox engine).
outofservice
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December 10, 2013, 05:19:59 PM
 #22

For now it looks like it is 980 on Gox... Lets see if we are able to go higher.
if someone can force a sell-off, the double-top at 980 will looks pretty ugly, confirms bear market


Breaking down past 1000 & 800 is a big deal.  I definitely think 1200 is out of reach on this bounce.

Do you feel it will level and settle in the 900-1000 bracket or dip at or below 800?
piramida
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December 10, 2013, 05:50:54 PM
 #23

ATH by xmas is very probable. Going below 600 is very improbable.

i am satoshi
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December 10, 2013, 06:04:30 PM
 #24

ATH by xmas is very probable. Going below 600 is very improbable.

That's good but would rather buy at lower than what it is now...either way I plan to hold for the distance so I'll be up whether I buy 800 or 1k.
I could hold and wait for the next dip but I feel the next dip won't break 1k after it hits the next ATH.
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