Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
proudhon
on 20/12/2012, 17:57:20 UTC
are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Do you think there's a good chance we'll make it back down to $5 again?  $2?

I think $2 is a little extreme.

Why?  Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through.  We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.  All this in the face of numerous positive developments.  What do you think, myself?  Everything, including the fundamentals seems to point down, way down, for the medium to long term.  Right?  If you're going to take a longterm position right now it should be a long term short.  Yes?