1 reply to this topic

[dcengr]

To be bearish, it needs to drip drip drip, then accelerate into a panic. That is a sure indication that bulls have no $ left to prop the market. If it drops like a knife here, then bears are getting too confident and the bulls will surely just squish them in a few days. The rounding drop has always been a classic bear pattern. It lets distribution and sentiment to stay ripe while putting the fear of scorch into da bears.

[greenie]

Sometimes I fail to understand your cute comments, because they are warnings to god knows who without any trade implication. Do you mean that if it drop like a rock from here, you (or others) should go long (because 'it is bullish as hell') ? At what price point will you go long?