Was that little $20 dip the correction after that steep run up?
I'm sure we'll see a real correction fairly soon but then again it has been self correcting as we go lately.
I think it's correcting itself on the way up. You need to closely watch the price on Bitstamp in 30-60 minute intervals. This however does not mean that there won't be another movement down. I'd be fine with sticking at $1250 for a few days.
* yefi waves goodbye to Gox forever. Au revoir Mark!

Yes! I hope that disaster won't mentioned anymore.