Member Info for Herbieridesaga

That's not very green

So the virus finally found its intended targets

Gold sailing away now...

Boom

100 day high 1635 - once passed recovery is under way. Not going to happen without pog.

This gov isnt interested in saving our lives or helping us avoid being crippled with long covid, it like all govs is only interested in looking and sounding good to get re-elected We will get that yankee tripe they've been dollng out already and the only real cure will only get adminsitered to private patients like ministers and prime ministers in private health clinics You thought you'd stopped it when you stopped the ESl - think again - this country is corrupt and unequal x corrupt and unequal x corrupt and unequal to the power +300 facist MPs

nm

BTC 45600 just then - really going for it towards the open today.

Yep but trend is still up and forecasts are still for much higher.

At some point ARB has to lose its high gearing to BTC but I don't think its is quite yet.Also BTC is nowhere near its broker forecast s yet (how can you have a broker forecast for something you can't trade anymore ??

Chaebol - the likes of JPM write self fulfilling prophecies so think you've underegged a bit. They say it, the conventional herd follow it - though of course they try to shake off small investors on the way.

Its all about btc isn't it , the rich are making a killing alterately spiking and scaring the poor but overall its up up up which means up up up here as well. Pretty much exponential groth this evening.

BTC flat ntil the rising trend line hits it - then up. Jump was too sudden on Monday but if the trend line is reestablished everyone will join back in. -what we needed was a win on Saturday and another win on Sunday and a gap up open - we got 1 spike and some have already lost their nerve.

And where will it be if BTC does hit 125 ...!!! The x4 beta will probably breakdown before that - JMHO.

Why wouldn't we - only hysteresis. Th emarket hit 145 becuase if thought BTC was going straight to that 125 number, so once the market believes BTC is are going to that 125 number again this will return to at least that same beta - so 44k by Monday should do that and we will climb as quickly as trade allows to a new high. I f the beta was about x4 for ARB/BTC - that's not 145 - its a bonkers number above 160. Not my honest opinion - just an application of ratios and an assumption of market sentiment reflected in prices.

Yep BTC always moves unexpectedly and usually over the weekend. Looking very good indeed for Monday

BTC weekend disappointing. Not expecting much this week. Probable bounce time delayed 1 week by the looks of it - lat Feb now ?

BTC just under 33k - looks like a double bottom. Need a good day today then the weekend should be one of those BTC fests and the start of a sporadic uptrend to a stable 40k. At some point the cup and handle is then hopefully completed and you get the storming run to the +100 levels the institutional brokers have been predicting. ARB is highly geared to BTC. If BTC does 3x+ what does ARB do ??

looking at comparative moves of btc and arb that would not seem unreasonable - but I'm sure we will all be laughing out loud it it does anyway.

I reckon we need a 3 day high today to carry BTC higher next week The weekends are normally stronger so this is not relatively speaking strong IMHO Day is but young though.