I'm quoting Lea Pupura in the New Yorker: Most
Post# of 30028
Most coincidents are not
miraculous, but way more
common than we think—
it’s the shiver
of noticing being
central in a sequence
of events
that makes so much
seem wild and rare—
because what if it wasn’t?
Astonishment’s nothing
without your consent.
That gosh darn red candle on December 1 continues to bug me. That tiny ridiculous signal of trade for better or worse. If you look at any chart with a logarithmic axis, and you draw a line from the sept 2012 low through the bottom of that ridiculous candle you arrive almost precisely at this price, and this moment in time. If you believe in magic.
I believe TA is mostly useless. I was motivated by JP's excessively confident TA on the other board. blah. What I just suggested is just as possible, and right until proven otherwise.