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Topic: Gold collapsing. Bitcoin UP. - page 1512. (Read 2032274 times)

legendary
Activity: 1764
Merit: 1002
May 03, 2012, 10:57:09 AM
SLW, PAAS, GG, AEM, GDXJ all sinking faster and faster...
legendary
Activity: 1764
Merit: 1002
May 03, 2012, 10:35:28 AM

legendary
Activity: 966
Merit: 1003
May 03, 2012, 10:27:59 AM
coffee roasters really??

Yeah the miners have pulled back a bit in the last 7 weeks since this thread was started, its a good buying oppurtunity.

Its not like BTC has done any better in the last 7 weeks. *shrug*
legendary
Activity: 1764
Merit: 1002
May 03, 2012, 09:49:03 AM
what else is there to say?:

legendary
Activity: 1764
Merit: 1002
May 03, 2012, 09:07:57 AM
the INSTANT earnings were released after hours last nite we got this gap down.  David Einhorn has been short this puppy for around 5 years.  Patience pays:

It happens gradually then all at once.

it makes you wonder; how fast can computers read an earnings report and digest its implications? 

i say they don't; the stock price was propped up from the beginning by HFT's and it was time to pull the plug.
legendary
Activity: 1031
Merit: 1000
May 03, 2012, 09:06:25 AM
the INSTANT earnings were released after hours last nite we got this gap down.  David Einhorn has been short this puppy for around 5 years.  Patience pays:

It happens gradually then all at once.
legendary
Activity: 1764
Merit: 1002
May 03, 2012, 09:01:37 AM
how fast could you have possibly been?:

legendary
Activity: 1764
Merit: 1002
May 03, 2012, 08:58:25 AM
iz it RILLY tim yet?

legendary
Activity: 1764
Merit: 1002
May 03, 2012, 08:47:38 AM
silverbox, what's the score?

one of these days you're gonna wake up and see this happen to your stocks.  the INSTANT earnings were released after hours last nite we got this gap down.  David Einhorn has been short this puppy for around 5 years.  Patience pays:

hero member
Activity: 532
Merit: 500
May 02, 2012, 01:23:02 PM
waveaddict:

couldn't we be setting up to do one of these?  a wave 3 of 5 down?


the 3 wave down would be expected to to be greater in extent and time compared to 1 would it not?  as it is, its a little shorter and the depth not as deep.

We very well could be (and that is why I continue to be heavily short) but that 2nd wave from your chart up looks more like a 5 waver instead of a 3 waver.

The three most likely wave counts from my perspective are here: http://imageshack.us/f/825/aaplw.png/

Enjoy!  Smiley

Like I said, the structure didn't look quite right for a wave 3 down starting just yet. I'll be re-shorting in the $600 -$610 range.

You gotta love it when a plan comes together  Wink
legendary
Activity: 2100
Merit: 1000
May 02, 2012, 01:07:50 PM
Yup its time for an update!!

this thread was started 3/13

Bitcoin  5.40

Gold 1690.


today 5/2

Bitcoin 5.09   (down ~6%)

Gold 1653  (down ~2%)


Gold still hasn't collapsed,  Bitcoin still isn't up.

AAPL 583

cypher has done this with a mid and long term view in mind. wait another couple of months and we will see
legendary
Activity: 966
Merit: 1003
May 02, 2012, 01:06:32 PM
Yup its time for an update!!

this thread was started 3/13

Bitcoin  5.40

Gold 1690.


today 5/2

Bitcoin 5.09   (down ~6%)

Gold 1653  (down ~2%)


Gold still hasn't collapsed,  Bitcoin still isn't up.

AAPL 583
legendary
Activity: 1764
Merit: 1002
May 02, 2012, 12:47:55 PM
iz it tim yet?:

legendary
Activity: 966
Merit: 1003
May 02, 2012, 10:28:15 AM
Now AAPL is about to crash to 400???  Roll Eyes
legendary
Activity: 1764
Merit: 1002
May 02, 2012, 10:27:18 AM
Apple's gonna fill that gap and then there's no resistance all the way down to $400:

legendary
Activity: 2198
Merit: 1311
May 02, 2012, 10:22:56 AM
Sell in May and Go Away (everything except Bitcoin).

Though, this probably is another great opportunity to sell bitcoin.  I think the price we'll be going back under $5 again.

I've actually made a strong case in my subscription about why that might NOT be the case. 

You're right that it might not be the case.  I think, however, it's likely to be the case.
legendary
Activity: 966
Merit: 1003
May 02, 2012, 10:18:27 AM
Oddly enuf

The correclation continues!!

Everything down..

cept AAPL and BTC!!!
legendary
Activity: 1764
Merit: 1002
May 02, 2012, 10:12:49 AM
Sell in May and Go Away (everything except Bitcoin).

Though, this probably is another great opportunity to sell bitcoin.  I think the price we'll be going back under $5 again.

I've actually made a strong case in my subscription about why that might NOT be the case. 
legendary
Activity: 2198
Merit: 1311
May 02, 2012, 09:38:45 AM
Sell in May and Go Away (everything except Bitcoin).

Though, this probably is another great opportunity to sell bitcoin.  I think the price we'll be going back under $5 again.
legendary
Activity: 1764
Merit: 1002
May 02, 2012, 09:05:45 AM
Sell in May and Go Away (everything except Bitcoin).
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