raid_n
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April 10, 2014, 02:26:03 PM

I'm loving it. Rabid bears with foam around their mouths roaring about lower lows than even they could have imagined.

Personally I think this can go two ways. Either we breach a few mental resistance points such as 400 and 350 in which case we might really sink like the titanic as massive panic ensues after which an even longer bear market ensues.

Or we are inching towards the bottom with volume wanning as neither bulls nor bears feel comfortable trading only to explode upwards as things again pick up on momentum and everyone scrambles for "cheap coins"