Quote from: MatTheCat on January 28, 2014, 02:38:04 AM

Quote from: Holliday on January 28, 2014, 02:35:13 AM

Quote from: MatTheCat on January 28, 2014, 02:31:34 AM

We are now in a 100% confirmed bear trend.

Don't be stupid Mat. You aren't proudhon. Nothing is 100%.

Of course not. Definitely not 100%, just far more probable than not.

But in the same manner that you and I (and about 10 other perpetual bulls) had the debate about the nature of the descending triangle that had formed since 6th Jan (ultra bearish in most cases), the fact that we have now broke to the downside puts even more weight behind the classic text book bear trend case.

Indeed. I wish I could trade these movements. I think it has less to do with TA and more to do with the news though. Let's see what happens tomorrow and on the 31st, then we can go from there.