Small bounce?

Mtgox just about has to. Bitstamp should fall quite a bit, though (I cant't see any reason why it should stay higher or even very close to mtgox).

Edit: Then again, the big sells on mtgox still don't appear to be stopping.  (just saw 500BTC sold at 82.00)

Was fun seeing that when we were climbing to $250 but now it's not =)

You really think we are already returning to normal in regards to Gox??

I highly doubt that. Gox has not said a word, and my impression is there won't be any good news to give in two days.

I think we are just seeing dumps and market moves, and that's what's really controlling the exchange spreads.

Have you been watching the past few days? It's always been like this but the sells just keep coming. Don't be fooled like I was into believing we're going up just because of the order book. If we follow the pattern of the past week, we're going to bounce off of $80 and go up to around $84. That's the time to sell. Then, the next day we'll have another large selloff into the mid 70s.

You realize most of us are just trying to prevent you from having the same pain we did?

Based on the depth, we are due a bounce. I may short some coins in there depending on how I feel about sentiment. In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard.

I know. Why do you think bitstamp is trading higher than mtgox at the first place!? 
So I am doing the same as you - waiting for a nice big dump of at least 1000BTC before even thinking about trying to catch a bounce...  

I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?

No no, no chance of a bounce at all.

Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading.