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bittenbob
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December 20, 2011, 05:33:36 AM |
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And now the correction.
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ineededausername (OP)
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December 20, 2011, 05:35:40 AM |
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And now the correction.
In time for my money to arrive so that I can buy in  |
(BFL)^2 < 0
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FlipPro
Legendary
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Activity: 1764
Merit: 1015
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December 20, 2011, 05:39:04 AM |
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And now the correction.
WHAT CORRECTION? I'M SEEING 4.26 LOL !!! |
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coin_toss
Member
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Activity: 117
Merit: 10
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December 20, 2011, 05:39:38 AM |
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infinite up trend is perhaps a little optimistic - i'll be happy if we just get to 100USD
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antoineph
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December 20, 2011, 05:42:18 AM |
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infinite up trend is perhaps a little optimistic - i'll be happy if we just get to 100USD
I'm happy now - admittedly it doesn't take much. |
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bittenbob
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December 20, 2011, 05:42:57 AM |
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Corrected from 4.50 to 4.00 and now we are rebounding a bit... A stronger correction will bring us around 3.60 but I dont think we will see that.
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legitnick
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December 20, 2011, 05:46:25 AM |
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Corrected from 4.50 to 4.00 and now we are rebounding a bit... A stronger correction will bring us around 3.60 but I dont think we will see that.
I think the terms you're looking for are resistance and support. |
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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December 20, 2011, 05:46:46 AM |
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is this what they call a Santa Claus Rally?
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bitcoinBull
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Activity: 826
Merit: 1001
rippleFanatic
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December 20, 2011, 05:56:23 AM |
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is this what they call a Santa Claus Rally?
lol. On Nov 24 I wished for $5 btc for xmas. I used to doubt any correlation between bitcoin and the mainstream markets. But with bitcoin possibly going quasi-mainstream, I can see it looking quite attractive to adventurous retail investors, next to the non-performing stocks and gold/silver. |
College of Bucking Bulls Knowledge
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Mousepotato
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December 20, 2011, 06:01:02 AM |
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$100 by Xmas! *cough*
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Mousepotato
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FlipPro
Legendary
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Activity: 1764
Merit: 1015
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December 20, 2011, 06:02:21 AM |
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$100 by Xmas! *cough*
If this action keeps up, this may be the quote of the century. |
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RodeoX
Legendary
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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December 20, 2011, 03:05:02 PM |
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Just remember that quick growth like this is usually not sustainable. I prefer the healthy, gentle ramping up that we saw for several weeks past. If one side of the chart looks like the Eiffel tower, then the other side is likely to look the same.
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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December 20, 2011, 04:07:22 PM |
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Just remember that quick growth like this is usually not sustainable. I prefer the healthy, gentle ramping up that we saw for several weeks past. If one side of the chart looks like the Eiffel tower, then the other side is likely to look the same.
yes, but don't forget that markets usually swing from overbought to oversold. the reversals tend to be straight up to kill shorts and escape away from the non believers. then u get a leveling off before a more sustained steady rise as we head toward the fundamental price. |
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notme
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Activity: 1904
Merit: 1002
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December 21, 2011, 09:32:58 AM |
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Just remember that quick growth like this is usually not sustainable. I prefer the healthy, gentle ramping up that we saw for several weeks past. If one side of the chart looks like the Eiffel tower, then the other side is likely to look the same.
yes, but don't forget that markets usually swing from overbought to oversold. the reversals tend to be straight up to kill shorts and escape away from the non believers. then u get a leveling off before a more sustained steady rise as we head toward the fundamental price. Then we overshoot, you flip the sign of everything and repeat. |
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zby
Legendary
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Activity: 1592
Merit: 1001
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December 21, 2011, 10:55:47 AM |
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Just remember that quick growth like this is usually not sustainable. I prefer the healthy, gentle ramping up that we saw for several weeks past. If one side of the chart looks like the Eiffel tower, then the other side is likely to look the same.
yes, but don't forget that markets usually swing from overbought to oversold. the reversals tend to be straight up to kill shorts and escape away from the non believers. then u get a leveling off before a more sustained steady rise as we head toward the fundamental price. So what is the current target for 'sustained steady rise'? |
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