Think about .004 XMR with 16000 coins mined per day.

 0.004 * 16000 = 64 BTC per day. 23360 BTC per year. It's not all sold, but it's a lot of value created quickly.

There can and will be spikes to .01 XMR/BTC  and higher but it can't easily maintain those highs. Even with interest from bitcoin whales with 10,000+ liquid bitcoin. Do you think those bitcoin whales are going to spend all their bitcoin on buying XMR every day so that XMR never ever goes down?

In the shorter term, we can see from LTC, NMC, PPC price history that altcoins will initially fall when bitcoin rallies. So if bitcoin makes a quick run at 300 and 400+, you will likely see altcoins drop as altcoin miners take profits and altcoin holders move into bitcoin. Altcoin mining difficulty will not jump as fast as the price can.

My guesses:

1) If you are holding XMR, be patient and you will see .01
2) If you are holding BTC, be patient and you will see opportunities to enter XMR.