Gold collapsing. Bitcoin UP.

[smooth]

cool chart, from http://pricedingold.com:



(to me, it says to stay the course in btc)

That graph looks much the same as btcusd. Treat 2013 as a bad dream (goxmare) and everything is right on schedule.

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[cypherdoc]

Dow futures down another -58.

stock bulls need to be concerned.

[sidhujag]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

[cypherdoc]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

[Pruden]

Except for the fact that this is not looking like a top. Transports are overperforming and on their way to end that divergence upon which you place so much importance (nevermind that there was one such divergence in place for the whole 2012).

The trend, it bears repeating, is UP!

[HeliKopterBen]

US dollar flash crash.  Down 5%+ in a few hours.  I thought bitcoin was the only volatile currency?

[zanzibar]

US dollar flash crash.  Down 5%+ in a few hours.  I thought bitcoin was the only volatile currency?

Regardless, not fun to see BTC blood bath right now. 

[Wekkel]

US dollar flash crash.  Down 5%+ in a few hours.  I thought bitcoin was the only volatile currency?

Regardless, not fun to see BTC blood bath right now. 

It's part of growing up. Nothing spectacular if you're not day trading.

[sidhujag]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

[cypherdoc]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

[sidhujag]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

[cypherdoc]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.

[sidhujag]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.

Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying

[cypherdoc]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.

Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying

i'd say we're already overextended:

http://www.yardeni.com/Pub/stmktbullbear.pdf

[sidhujag]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.

Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying

i'd say we're already overextended:

http://www.yardeni.com/Pub/stmktbullbear.pdf

I dont..  Remember what I said before... We will top when there is euphoria..

[cypherdoc]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.

Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying

i'd say we're already overextended:

http://www.yardeni.com/Pub/stmktbullbear.pdf

I dont..  Remember what I said before... We will top when there is euphoria..

the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report.

the avg Joe isn't coming to the party.  the income growth is not there and they owe too much.  and new loans aren't forthcoming to them for speculation in stocks. 

plus, there's a new outlet for them; Bitcoin.

[sidhujag]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.

Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying

i'd say we're already overextended:

http://www.yardeni.com/Pub/stmktbullbear.pdf

I dont..  Remember what I said before... We will top when there is euphoria..

the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report.

the avg Joe isn't coming to the party.  the income growth is not there and they owe too much.  and new loans aren't forthcoming to them for speculation in stocks.  

plus, there's a new outlet for them; Bitcoin.

Hmm.. Well there is alot of household money waiting for rrsp and 401ks that still has to go in.. Theres no bag to hold for big boys to unload to.. They will keep ball rolling until total shit hits fan which i dont see right now.. Although in 2012 i did see 2015 as a possible year for it to unravel... I think if it doesnt happen this yr we will kick the can for a few until it breaks totally.

[cypherdoc]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.

Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying

i'd say we're already overextended:

http://www.yardeni.com/Pub/stmktbullbear.pdf

I dont..  Remember what I said before... We will top when there is euphoria..

the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report.

the avg Joe isn't coming to the party.  the income growth is not there and they owe too much.  and new loans aren't forthcoming to them for speculation in stocks.  

plus, there's a new outlet for them; Bitcoin.

Hmm.. Well there is alot of household money waiting for rrsp and 401ks that still has to go in.. Theres no bag to hold for big boys to unload to.. They will keep ball rolling until total shit hits fan which i dont see right now.. Although in 2012 i did see 2015 as a possible year for it to unravel... I think if it doesnt happen this yr we will kick the can for a few until it breaks totally.

iirc, you're on record on us going to 30000.  given we've risen ~12000 off the bottom since 2008, at the same rate, we'd add the remaining 12000 over the next 7 years.  i doubt we last that long.

[sidhujag]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.

Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying

i'd say we're already overextended:

http://www.yardeni.com/Pub/stmktbullbear.pdf

I dont..  Remember what I said before... We will top when there is euphoria..

the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report.

the avg Joe isn't coming to the party.  the income growth is not there and they owe too much.  and new loans aren't forthcoming to them for speculation in stocks.  

plus, there's a new outlet for them; Bitcoin.

Hmm.. Well there is alot of household money waiting for rrsp and 401ks that still has to go in.. Theres no bag to hold for big boys to unload to.. They will keep ball rolling until total shit hits fan which i dont see right now.. Although in 2012 i did see 2015 as a possible year for it to unravel... I think if it doesnt happen this yr we will kick the can for a few until it breaks totally.

iirc, you're on record on us going to 30000.  given we've risen ~12000 off the bottom since 2008, at the same rate, we'd add the remaining 12000 over the next 7 years.  i doubt we last that long.

Most of the gains happen in the shortest period of time.. See bitcoin 260 or 11xx

[cypherdoc]

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.

Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.

Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.

Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying

i'd say we're already overextended:

http://www.yardeni.com/Pub/stmktbullbear.pdf

I dont..  Remember what I said before... We will top when there is euphoria..

the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report.

the avg Joe isn't coming to the party.  the income growth is not there and they owe too much.  and new loans aren't forthcoming to them for speculation in stocks.  

plus, there's a new outlet for them; Bitcoin.

Hmm.. Well there is alot of household money waiting for rrsp and 401ks that still has to go in.. Theres no bag to hold for big boys to unload to.. They will keep ball rolling until total shit hits fan which i dont see right now.. Although in 2012 i did see 2015 as a possible year for it to unravel... I think if it doesnt happen this yr we will kick the can for a few until it breaks totally.

iirc, you're on record on us going to 30000.  given we've risen ~12000 off the bottom since 2008, at the same rate, we'd add the remaining 12000 over the next 7 years.  i doubt we last that long.

Most of the gains happen in the shortest period of time.. See bitcoin 260 or 11xx

you won't see moves like that in the stock mkt.  especially since we're 7 yrs into the bull.