NewLiberty
Legendary
*
Offline Offline

Activity: 1204
Merit: 1001


Gresham's Lawyer


View Profile WWW Personal Message (Offline)

Ignore
February 07, 2014, 04:59:49 PM

didn't quite reach my bids. hope that wasn't my last chance to buy low!

Still a breddy gud price on stamp now i'd say
How in the heck is $730 a good price? It's a whopping 18% above the bottom of $619 just a few hours ago. That's ridiculous. It's further from the bottom than it is from where it fell from, during a downtrend.

Last time when it crashed to 380-450, the 630-650 was still a damn good price to buy
That was the initial crash, which is always a huge trading opportunity. During that time the long TA indicators are still pointing upwards. Now they are downwards, indicating that this is likely the first step of a downtrend.

i kinda agree, the only question is, at what point shall we short back? 780?

Short back Western Union, Paypal?  Now is as good a time as any.