Post
Topic
Board Speculation
Re: Bear Trap ?
by
zimmah
on 25/06/2014, 17:39:18 UTC
The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.

Do you agree ?

Nick.

I disagree, it is the perfect storm for a bear market though.

This ship is listing heavily. I think we go down to low 400s. If my pain meter in my head is really right, we will go down to low 100s as that is the point i would consider selling Smiley and most of my investments make me want to sell before they go up, just saying.




I might have agreed if we weren't already in a bear market for the past 6 months or so

a bull market will come between now and the next 2 or 3 months.