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Topic: Are we back in a bull market? - page 4. (Read 6055 times)

legendary
Activity: 1022
Merit: 1001
December 20, 2013, 01:06:19 AM
#5
Your suffering from a form of 'vertigo' where the price rises unexpectly fast/high giving you dizziness and delusional thoughts. I feel it too on every bull trap but have learned to just walk away and lie down or something instead of buy buy buy.

lol bears will still be about the place even when we hit $1500...
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
December 20, 2013, 01:03:02 AM
#4
We are back, and recovered from china. We don't need them, and have moved on. We have resumed the steady climb.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
December 20, 2013, 12:59:08 AM
#3
More to come.  Market is very fragile. 
hero member
Activity: 728
Merit: 500
December 20, 2013, 12:56:22 AM
#2
Your suffering from a form of 'vertigo' where the price rises unexpectly fast/high giving you dizziness and delusional thoughts. I feel it too on every bull trap but have learned to just walk away and lie down or something instead of buy buy buy.
member
Activity: 111
Merit: 10
Possibilities are limitless
December 20, 2013, 12:31:26 AM
#1
Despite the bad news from China, it seems that this rally has broken beyond the point of considering it a dead cat bounce. The next few days will tell the tale.

My belief is that the announcements made by China will be followed up soon with enforced regulations causing further panic.

At this point, my balance is mostly fiat so I'm obviously biased in favor of believing that another dip is coming in the near future however I would like to hear other people's thoughts on this as well and where you believe the source of this rally is coming from you don't believe it to be temporary. The good news from the US outweighing the bad in China? People who panic sold buying back in?
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