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Question: the rise from 2.5 to 5.5
is a bubble - 15 (30.6%)
is a correction - 34 (69.4%)
Total Voters: 48

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Author Topic: [Daily Speculation Poll] :: Do you believe the price is accurate?  (Read 964 times)
adamstgBit
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February 01, 2012, 01:22:35 AM
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adamstgBit
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February 01, 2012, 02:49:25 AM
 #2


the bubble is over!

RyNinDaCleM
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February 01, 2012, 03:01:47 AM
 #3

Reversal, rally, correction, back where we're supposed to be.

M4v3R
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February 01, 2012, 11:38:29 AM
 #4

Keep in mind that bubble often results in a smaller reverse bubble. That's why we saw $1.99 even when it was way below long-term trendline. So now that the bubble is over we can see a setback to $4.6 - $5.1 area before the rally resumes.
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February 01, 2012, 12:02:34 PM
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Here - I fixed the bottom trend band for you.  It is now around 4.7.
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February 01, 2012, 01:02:38 PM
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Vandroiy
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February 01, 2012, 02:32:07 PM
 #7

When was the last time these magic lines worked out? The ones I remember stumbling across on this board seemed to have a failure rate of 100%.

Any reasoning as to why assume linear behavior? Isn't the "take first order lol" approach intended for infinitesimal time-steps? It would be much more persuasive if someone added an argument; preferably not "Look, it worked after all, on the 29th and 48th attempt it was almost perfect!!1"
zby
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February 01, 2012, 02:57:45 PM
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When was the last time these magic lines worked out? The ones I remember stumbling across on this board seemed to have a failure rate of 100%.

Any reasoning as to why assume linear behavior? Isn't the "take first order lol" approach intended for infinitesimal time-steps? It would be much more persuasive if someone added an argument; preferably not "Look, it worked after all, on the 29th and 48th attempt it was almost perfect!!1"
Personally I think there are some linear phenomena on a very short scale - that is minutes or hours - because when people tend to add their orders so that they should be covered in the next swing.  On the long term it is alwas about which one is more persuasive Smiley 
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