30 Aug '12, 10pm

First time since mid-May - the Weekend Dip Indicator flashes GREEN: This also is a 3-day weekend in the U.S. #Bitcoin

Quote from: adamstgBit on August 12, 2012, 09:40:12 PM The Weekend Dip Myth My Ass! The original weekend dip strategy refers to when there is a downtrend is occurring. We are not in a downtrend. The weekend dip strategy said that: "On Wednesday evening (west)/Thursday morning (east) if the 7-day high for the exchange rate is lower then the 7-day high from the previous week, then more likely than not, a weekend dip will result and gains of three to five percent are likely. So the recommended practice was to sell at that time, and buy those bitcoins back over the weekend when the selloff starts to reverse." The weekend dip indicator hasn't flashed green since May. That doesn't mean there haven't been dips during the weekend, it just means they original strategy didn't suggest to sell mid-week and buy back over the weekend. Now there appears to be another pattern where buying...

Full article: https://bitcointalk.org/index.php?topic=63312.msg1096199

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WEEKEND LOOTS

WEEKEND LOOTS

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Weekend Musings

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