Post
Topic
Board Economics
Re: A good day to buy hard?
by
deisik
on 20/09/2015, 11:46:39 UTC
but until now, it hasn't happened, i'm not counting random sub 200 on one exchange only, those are heavily manipulated to cause a even more heavy panic dumping

the more the 230 value will hold the market the more you can stay sure that we won't fall to sub 200

This is an obvious delusion. I would rather say that the longer the price stays at some level, the more momentum the underlying asset acquires when it finally begins to move (i.e. the stronger the resulting price movement will be)...

Whether it will go up or down remains to be seen, though

it's not delusional, it's a matter of perspectives and point of view, these are all guesswork...

I remember you confessing that you are not particularly good at trading. What is it now? In fact, what I said is relevant to almost any domain of life. Even babies just before delivery stop moving in the womb, wtf...

Lull before the storm

well this is a guess like everyone else, it has nothing to do with being good at trading, or you're telling me that there is someone good as guessing about an unpredictable thing ? lol

Now you are obviously trying to backpedal this issue. You say that the longer the price stays at $230, the less chance it has to drop below $200. What is it if not predicting an unpredictable thing? Generally, it is irrelevant (how long it stays there), but in reality it works quite the other way round (as I said)...