inca
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October 26, 2014, 12:05:15 PM

"We're in a downwards trend. It doesn't matter that buying pressure exceeded 30k BTC of selling pressure at 300 and the price is going up. The market and the price are just too stupid to realize that we're not in a trend reversal!"

 Cheesy

It really is funny. I've been insulted/made fun of for my bearishness since the bubble popped at the end of 2013. Being bearish used to be the contrarian position. Nowadays, being bullish is the contrarian play, just look how people will continuously attack you for stating relatively reasonable positions (that the conditions under which 275 has happened may not repeat again).

Being leveraged short now when doubt about the bear market being over has emerged would make traders defensive. They know the tide is turning. Hopefully a few of the less savoury characters on here will be caught pants down Smiley