Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
My gut is screaming bull trap
My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.
Getting mixed signals here.
Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"
Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend.
Edit: that being said... I'm getting super impatient.
This pretty much sums up the market at the moment. Everyone thinks they will be able to get cheaper coins... but the longer they wait, the less likely that becomes. Once the bids exceed the all time high (not far off), I can see a massive spell of panic buying ensuing.
lol that's what i'm seeing.. people selling below 118 and the ask price sticks to 118, so anyone has to buy them coins back more expensive
i want to buy in but i'd bring price over 120$ with massive slippage..
put some asks up there people!..