klee
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December 10, 2014, 12:45:26 PM

Yeah, I am not referring to what a fair price would be but the flaw in his thinking.
It is not healthy to shakeout investors, after a certain point you 'kill' the asset.
IMHO we should NOT fall below 340$, it would be really bad (only with a flash crash and then immediately bouncing up back).
True. But that's how the world rolls. What can you say? As for $340, I don't find it impossible to touch, but it will initiate a strong force up (which btw, might be right after the corner as we speak). Remember flash crashes before, have lead to intense rallies right after. Roll Eyes
Let's hope..