SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (113667)1/12/2018 10:15:30 PM
From: sandeep  Read Replies (1) | Respond to of 207831
 
Great forecast from you since 2009! It has definitely gone parabolic! The fastest 1000pt rise record was tied recently. Now looks like it will be shattered!



To: da_cheif™ who wrote (113667)1/13/2018 12:13:15 AM
From: Kirk ©6 Recommendations

Recommended By
3bar
CrashDavis
dvdw©
profit_guy
voltz

and 1 more member

  Read Replies (2) | Respond to of 207831
 
All your linear charts are fine as they give a conclusion we agree on, but I think these two LOG charts are more meaningful and really show what could be in store for us.

Linear charts don't show how earnings compound... yeah fundamentals still matter in the very end because you need SOME SORT OF STORY that makes sense to get people to buy before they think it is bitcoin and just buy because it is going up....

I show it on other charts but you can see on this one the stunning observation that the distance from the centroid line for peak exuberance is equal to the distance below for peak pessimism. We haven't even gotten back to "average" yet... but with the lower corp taxes, we should be on our way again.



This second chart is sort of weird to show my orange line... and the pitchfork is just for parallel projections, but still quite bullish since it breaks a resistance line I've been tracking on my CLX charts for several years.



To: da_cheif™ who wrote (113667)1/13/2018 11:40:22 AM
From: TheStag  Respond to of 207831
 
Look like we had 2 running correction on this leg up : 2016-2018 that's very bullish