JI
jimkane
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Starting it off. Let's hope for another week with what I think are sensational potential trading opportunities (even if they are scum bag manipulated longs, over and over).
JI
jimkane
Rep: 3,058
Posts: 33,089
At least they bounced into my 89-91 area, and did it with a picture perfect ABCD. But, I think it will prove to be a 'W3' and up it goes. I'd prefer we see some additional downside, but that hasn't been the template so far in situations like this. It will change at some point, the question is, is this the start of that change? I doubt it.
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jimkane
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I can't get over that bitcoin. From close to 680, it drops down to just about 600, a well over 10% drop, then straight up to around 710, a near 20% run straight up. This is over, what, a year? Two years? No, under two hours.
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jimkane
Rep: 3,058
Posts: 33,089
Bitcoin about 790 now, up well over 30% from that low a little while ago. Nah, there's no speculation there. Nah, this would be a good alternative currency and store of value. This whole world has gone insane.
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jimkane
Rep: 3,058
Posts: 33,089
Bitcoin hits about 900, up from about the low 500's about 15 hours ago. Nah, there's no speculation in there.
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jimkane
Rep: 3,058
Posts: 33,089
Oops, bitcoin down to almost 700, a well over 20% drop in, what, five or ten minutes? It does sound like a stable new currency alternative. A good place to 'invest' for the future. There, and stocks. Oh, and bonds, too. And maybe some real estate. A nice balanced portfolio of undervalues assets.