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Topic: Time to buy on the MyBitcoin News? - page 2. (Read 2477 times)

legendary
Activity: 1764
Merit: 1015
August 05, 2011, 12:50:06 AM
#9
We are def in rally mode right now, we hit unprecedented lows, and miners are starting to get the hang of trading...

lol..pretty stagnant rally  Roll Eyes
Where do you think our bottom lies?
legendary
Activity: 1022
Merit: 1001
August 05, 2011, 12:48:03 AM
#8
We are def in rally mode right now, we hit unprecedented lows, and miners are starting to get the hang of trading...

lol..pretty stagnant rally  Roll Eyes
full member
Activity: 154
Merit: 100
August 05, 2011, 12:46:20 AM
#7
Oh, I find it QUITE exciting.  Everyone's standing near the exit, expecting the pyramid to collapse at any moment.  People follow the bear leadership with wild abandon, the bull part not so much.   How about that bearish divergence on the volume and MACD both in the past 2 days vs anemic rally we're in?

This beats the multi-weak paralysis and flatline on every indicator handily.  Now *THIS* is an emotion driven market I can trade.



legendary
Activity: 1764
Merit: 1015
August 05, 2011, 12:41:51 AM
#6
What's the rush?  If the bulls were going to drive this back to 14 they'd have done it by now.  I suspect we'll be in a 10-11 trading range for a bit before drifting lower.

In other words, 11 is the new 14. 

A bit upset I missed the 14 this weekend for dumping, but them's the breaks.  Selling what I mined at 11 because I'm sure I'll get more at 8-9.  Or even 5-6.  Too many bulls around, this is nowhere near capitulation needed before we have the next runup.  I think we have another month or two of slow pain before then.

We are def in rally mode right now, we hit unprecedented lows, and miners are starting to get the hang of trading...
full member
Activity: 182
Merit: 100
August 05, 2011, 12:31:16 AM
#5
What's the rush?  If the bulls were going to drive this back to 14 they'd have done it by now.  I suspect we'll be in a 10-11 trading range for a bit before drifting lower.

In other words, 11 is the new 14. 

A bit upset I missed the 14 this weekend for dumping, but them's the breaks.  Selling what I mined at 11 because I'm sure I'll get more at 8-9.  Or even 5-6.  Too many bulls around, this is nowhere near capitulation needed before we have the next runup.  I think we have another month or two of slow pain before then.


No rush, its just exciting when the market is rockin upward.  Bear markets are so boring, like watching 2 midgets mate.
full member
Activity: 154
Merit: 100
August 05, 2011, 12:27:59 AM
#4
What's the rush?  If the bulls were going to drive this back to 14 they'd have done it by now.  I suspect we'll be in a 10-11 trading range for a bit before drifting lower.

In other words, 11 is the new 14. 

A bit upset I missed the 14 this weekend for dumping, but them's the breaks.  Selling what I mined at 11 because I'm sure I'll get more at 8-9.  Or even 5-6.  Too many bulls around, this is nowhere near capitulation needed before we have the next runup.  I think we have another month or two of slow pain before then.
full member
Activity: 182
Merit: 100
August 04, 2011, 11:59:08 PM
#3
no.. the mybitcoin news just accelerated the down trend that was going to happen anyway.
single digits is the buy point but one has to pick their poison at what digit it will be. 8 is popular.

So is Brittney spears.
legendary
Activity: 2072
Merit: 1001
August 04, 2011, 11:43:21 PM
#2
no.. the mybitcoin news just accelerated the down trend that was going to happen anyway.
single digits is the buy point but one has to pick their poison at what digit it will be. 8 is popular.
full member
Activity: 182
Merit: 100
August 04, 2011, 11:33:29 PM
#1
Yeah No?
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