I believe that the next one might carry us north of $10,000. The longer time we spend here, the more explosive it gets. The supermove from $2 to $266 (133x price appreciation) took 17 months. Extrapolate that with the starting point of $340 in 2014-4-11.
The bottom called is $340 from 4/11/14. Please read the entire OP before saying he's wrong. He may become wrong a few days from now, but as of this very moment we have not broke the bottom that he called.
Lol, OK. He asks you to extrapolate from 4/11/14. At no point does he call that date the bottom he's calling.
It's very strongly implied.
If we're going to start splitting hairs, we could as well say that "rpietila calling the bottom" is not a statement of fact. Just like "Risto flying to Mars" is just a hypothetical.
So let's do away with the crap. The way I see it he called $340 the bottom...
There is nothing nitpicking in what I said.
The quoted line gives us two bottoms, $2 and $340. He asks you to do something patently insane: To extrapolate from $340 (the low which happened three months before his post was made, AKA "current low") and to assume that price is going to behave as it did during $2 -> $266 climb.
You can chose to believe anything, that's how cold readings work
Edit: The entire first post is nothing but similar nonsense. The whole "can't be unlearned" tripe.
"And they told two friends, and they told two friends, and they told two friends."