Post
Topic
Board Speculation
Re: rpietila Calling the Bottom
by
NotLambchop
on 21/09/2014, 14:04:41 UTC
.
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 Undecided

What is being discussed here, now - whether rpietila's call was for a bottom at 340, or whether his implied prediction for future prices makes sense? You appear to be conflating the two.

No.  I'm saying:

1.  He did not call 340.
2.  On top of not calling 340, he asked you to do something nonsensical, for extra lulz.