Agreed, the move from where we are at just to get to $454 is about 38%, but the fact remains, the downtrend at least from an intermediate term is down. Could be the case where we push to the trendline, reject and back down we go. That will obviously be seen when we get there. Long-term, we are still making higher highs and higher lows and short-term looks like we are about at the point of higher highs and higher lows. Just need to get over that intermediate downtrend and we'd be firing on all cylinders.
I'm resigned to the idea that you just cannot even hope to predict this shit. It's all too controlled and will move the way a select few decide it's going to move. Except LTC..... I predict it's demise.
I'm just saying what classifies it as a bull market again.
