cypherdoc (OP)
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May 02, 2012, 05:47:55 PM |
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iz it tim yet?:  |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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silverbox
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May 02, 2012, 06:06:32 PM |
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Yup its time for an update!!
this thread was started 3/13
Bitcoin 5.40
Gold 1690.
today 5/2
Bitcoin 5.09 (down ~6%)
Gold 1653 (down ~2%)
Gold still hasn't collapsed, Bitcoin still isn't up.
AAPL 583
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S3052
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May 02, 2012, 06:07:50 PM |
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Yup its time for an update!!
this thread was started 3/13
Bitcoin 5.40
Gold 1690.
today 5/2
Bitcoin 5.09 (down ~6%)
Gold 1653 (down ~2%)
Gold still hasn't collapsed, Bitcoin still isn't up.
AAPL 583
cypher has done this with a mid and long term view in mind. wait another couple of months and we will see |
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waveaddict
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May 02, 2012, 06:23:02 PM |
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waveaddict:
couldn't we be setting up to do one of these? a wave 3 of 5 down?
the 3 wave down would be expected to to be greater in extent and time compared to 1 would it not? as it is, its a little shorter and the depth not as deep.
We very well could be (and that is why I continue to be heavily short) but that 2nd wave from your chart up looks more like a 5 waver instead of a 3 waver. The three most likely wave counts from my perspective are here: http://imageshack.us/f/825/aaplw.png/Enjoy!  Like I said, the structure didn't look quite right for a wave 3 down starting just yet. I'll be re-shorting in the $600 -$610 range. You gotta love it when a plan comes together  |
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cypherdoc (OP)
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May 03, 2012, 01:47:38 PM |
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silverbox, what's the score? one of these days you're gonna wake up and see this happen to your stocks. the INSTANT earnings were released after hours last nite we got this gap down. David Einhorn has been short this puppy for around 5 years. Patience pays:  |
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cypherdoc (OP)
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May 03, 2012, 01:58:25 PM |
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iz it RILLY tim yet?  |
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cypherdoc (OP)
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May 03, 2012, 02:01:37 PM |
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how fast could you have possibly been?:  |
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sunnankar
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May 03, 2012, 02:06:25 PM |
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the INSTANT earnings were released after hours last nite we got this gap down. David Einhorn has been short this puppy for around 5 years. Patience pays:
It happens gradually then all at once. |
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cypherdoc (OP)
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May 03, 2012, 02:07:57 PM |
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the INSTANT earnings were released after hours last nite we got this gap down. David Einhorn has been short this puppy for around 5 years. Patience pays:
It happens gradually then all at once. it makes you wonder; how fast can computers read an earnings report and digest its implications? i say they don't; the stock price was propped up from the beginning by HFT's and it was time to pull the plug. |
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cypherdoc (OP)
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May 03, 2012, 02:49:03 PM |
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what else is there to say?:  |
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silverbox
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May 03, 2012, 03:27:59 PM |
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coffee roasters really??
Yeah the miners have pulled back a bit in the last 7 weeks since this thread was started, its a good buying oppurtunity.
Its not like BTC has done any better in the last 7 weeks. *shrug*
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cypherdoc (OP)
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May 03, 2012, 03:35:28 PM |
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cypherdoc (OP)
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May 03, 2012, 03:57:09 PM |
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SLW, PAAS, GG, AEM, GDXJ all sinking faster and faster...
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cypherdoc (OP)
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May 03, 2012, 04:00:14 PM |
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coffee roasters really??
i see you fail to see the significance. |
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silverbox
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May 03, 2012, 04:23:28 PM |
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Bout as signifcant as where I'm having lunch today..  Its done quite well for me, decent food, makes me money.. |
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cypherdoc (OP)
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May 03, 2012, 04:25:14 PM |
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Bout as signifcant as where I'm having lunch today.. Its done quite well for me, decent food, makes me money.. yes, but you're not invested in that one. you're in gold/silver stocks, gold and silver |
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miscreanity
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May 03, 2012, 04:26:04 PM |
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the INSTANT earnings were released after hours last nite we got this gap down. David Einhorn has been short this puppy for around 5 years. Patience pays:
It happens gradually then all at once. it makes you wonder; how fast can computers read an earnings report and digest its implications? i say they don't; the stock price was propped up from the beginning by HFT's and it was time to pull the plug. . Need I say more? As for the miners, they've been perpetually weighed on by algos in the same manner that Apple, et al. have been propped up. Why would a snap back from highs be any different than a snap back from lows? It's misdirection - look over here at Apple and buy that while I go over here and scoop up quality real assets and miners. A typical wealth accumulation game. |
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cypherdoc (OP)
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May 03, 2012, 04:30:46 PM
Last edit: May 03, 2012, 05:02:29 PM by cypherdoc |
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the INSTANT earnings were released after hours last nite we got this gap down. David Einhorn has been short this puppy for around 5 years. Patience pays:
It happens gradually then all at once. it makes you wonder; how fast can computers read an earnings report and digest its implications? i say they don't; the stock price was propped up from the beginning by HFT's and it was time to pull the plug. . Need I say more? As for the miners, they've been perpetually weighed on by algos in the same manner that Apple, et al. have been propped up. Why would a snap back from highs be any different than a snap back from lows? It's misdirection - look over here at Apple and buy that while I go over here and scoop up quality real assets and miners. A typical wealth accumulation game. what's really happening is that the miners, silver, gold, and the rest of the commodities topped last year and are leading the market down. and its gonna be a big down. |
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cypherdoc (OP)
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May 03, 2012, 04:34:32 PM |
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Silver's gonna break $30 once and for all.
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silverbox
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May 03, 2012, 04:40:02 PM |
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Bout as signifcant as where I'm having lunch today.. Its done quite well for me, decent food, makes me money.. yes, but you're not invested in that one. you're in gold/silver stocks, gold and silver Actually I am invested in it. |
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