Quote from: Seagull on April 07, 2013, 11:36:08 PM

Quote from: jasonjm on April 07, 2013, 08:00:00 PM

This is going to be like throwing the titanic off a cliff when the down move comes.

Damn right.

I am no expert but I have trading in stocks, FX and commodities on regulated markets for over 20 years in a purely amature but very active fashion. I was participant in the dot com bubble in the 90's and the recent credit crunch so I would class myself as quite battle hardend.

If this starts falling it will have no buyers until it hits rock bottom. There will be no brakes; nobody covering shorts and no real world assets to limit the fall out.

Sure it might go up some more.

Most likely some people around here are soon going to see some primal brutal human fear kicking them in face. Remember these words, soon you will understand their meaning.

I guess you haven't bothered to look at the charts in the last week?