Topic: It's called a correction (waveaddict's bitcoin charting subscription thread) - page 38. (Read 92097 times)

hey subscribers, just sent an email that complements the one from this afternoon 

precious metals have been going up for the past decade 'with' the market. they crashed with the market in 2008 and have been rising ever since 'with' the market. You cannot just expect them to do something different this time around with a market crash.

Think about it though...the higher your debt obligations become, the more dollars you will need to pay off that debt creating a higher demand for dollars thus raising the value of those dollars relative to everything else including commodities. Its part of a deflationary spiral that Japan for example has been suffering from for two and a half decades. Their yen is going up in value relative to their debt obligations...not down.

Furthermore, you should be looking to buy an asset when others are fearful not when others are euphoric. Take gold, you see commercials every minute about how to put your money in gold because it'll be safe there. Bullshit...the only evidence they have is that gold has risen in value every year for the past decade going from 300 to 1900, and when it comes down to it, this rapid rise is the only reason why they are so bullish. Why on earth would you think about buying something that has risen that much in value of the years. Same thing happened in the 70s and then came an epic crash. Following a crowded trade always ends in tears and unfortunately that herding mentality, even if if is off a cliff, is what we are programmed to do.

Think about buying gold when you see commercials about how to sell your gold for cash (which they'll then say is more useful than gold at this point). Learn to never follow the crowd and your investing will always take a turn for the better

Whoa your not even bullish on precious metals, physical that is...

Besides the good ole' greenback, bitcoin is the only other asset that I'm bullish on in the foreseeable future...sad really

For those that actually understand the dynamics of the massive debt situation that is present in the world today, the inevitable conclusion is that there is no bright future ahead; there can't be since there is no way that the world can grow itself out of the present debt burden, and its only going to get worse.

scary times ahead  

http://www.usatoday.com/money/perfi/stocks/story/2012-02-26/stock-market-bears-doomsayers/53259742/1

Just finished reading.

Shitty too, right after I just diversified :|

Got a little freebie for anyone reading  

For any of you guys that trade the actual market or have your 401Ks invested in stocks. I would strongly suggest liquidating everything and going into bonds or cash. Shit is about to get crazy in the next couple of months

I know many of you are not fluent in fractal analysis in the marketplace, but even without the technical background, this chart should scare the crap out of any of you who is long the S&P 500. Top chart is the last year and a half before the market topped in 2007 and the bottom chart is what the market has done in the last three years. History has a tendency of repeating itself. Enjoy:

http://imageshack.us/f/812/theartoffractals.png/

The spring is loaded.  Hope everyone has placed their bets.

Same. Anyway, bollinger is very narrow, so movement is imminent.

Thanks.  The anticipation of the next move is killing me.

Awesome..  perfect timing..

just sent out today's email 

pirateat40, ok, you've had your sleep.  Start pushing the price around again.  Down, preferably.

Why not just edit the first post and change the subject, and perhaps change the subject of the most recent post in here as well?

You guys are probably right. I don't have a fancy website like S3052 and its probably getting increasingly difficult for newer viewers to realize that I even provide a service based on this thread with all of the off topic talk. I'll figure out what to do in the morning. Good night all 

The only reason this wasn't ever split off was because the subscription is on-topic since the topic is about waveaddict's analysis AND waveaddict is the OP. I'd recommend that he converts this thread into the subscription thread, since that's what it's always been.

I think it was a mistake to advertise your service in this thread... you should've made a new thread explicitly called "BTC TA subscriptions" or something. 

I'll just keep posting this message for new viewers

It better be worth it.

received your PM invitation to join the happy lenders at FPS&T & replied with my email & BTC withdrawal address as requested, look forward to being on board as invited, not sure why you feel so doxed over this potentially mutually remunerative collaboration   - hopefully though it will pass    as I'm sure you won't want to miss Jessica's superb & uniquely robust technical analysis for the BTC $ Price Pole Dance World Championship 2012 to be held in the U.S.

Otoh   & Jessica  

Ahhhh, I've been DoXXeD!   This is grounds for account termination.  It was a pleasure having you as a lender for .23 seconds.  Now back to your regularly scheduled speculation.