Author

Topic: bearish sentiment in a possible third wave? (Read 539 times)

legendary
Activity: 924
Merit: 1001
January 18, 2014, 11:24:26 PM
#1
So three waves have come and gone, we are in a 3rd wave or a B wave. Reading over this forum many people (other than proudhon haha) seem to think there will be squeeze and panick (B wave) and furthermore, there is a lot of talk going shotr. Would I be wrong if I said all us believers would be quick to close our shotrs if the next surge goes up to $1100 again? I really dont think its unlikely.
I think that maybe early february shotr positions will be closed if no fall comes. The trend is still up, weekly and daily, and on an hourly chart all I see is small 3 wave correction.
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