I think I'd be happy with it hovering around $1000 for the next month or so over Christmas New Year with a new rally starting in later January. Lets be honest its been a great year for Bitcoin and the price of it, getting greedy and wanting another run around the festive period is asking for trouble as so many people have other commitments around this time that it will be hard to react to things.

I think you definitely made the right call to close the short now.   Look at the 5min chart on Gox.   3 large green volume bars in the last few hours.   Almost seems like a whale has picked this as his reentry point, keeping buys small to avoid either panic buying or a lot of slippage.   

Hey bears, the writing is on the wall . . .

I just woke up, what a nice smell of slaughtered bears in the morning
And to answer people who got caught again: wise man just holds.

Good morning from Europe and hello to everyone saying that going all fiat is stupid. You were, as always, right.

My only hope now is a sharp downward movement during the next three days, and knowing my luck, that will not happen.

This week saw me 3 BTC down, though almost at the same $ value. The worst decision was to sell at 804, after I auto-bought at 901 (down from 960), expecting the second down-leg.

Hopefully, we are at a local top before the week-end, so I am still in fiat. And I am in dire need of a second chance. Knowing Bitcoin, that chance would come, I just simply need not to botch it.

From the article:

"To invest in the BIT, individuals have to prove their net worth is $1 million, not counting primary residence, or that they draw annual incomes of more than $200,000. The minimum buy-in amount is $25,000."

We can do better: To save in bitcoins, you don't have to prove your net worth, it can in fact be negative, nobody cares, just draw a note up from your pocket and convert it to a fraction of a bitcoin, you can do it now, you don't have to wait until the banks open.

I'm going back to my precious alts trading, I'm tired of btc vs usd one and I'm shit in it.

Please do.

I do have 30k+ fiat left, I won't buy now too whatever happens. If I'd stay left behind, I'll just cash it out, I'm due to some cash out anyway from BTC, did only 2k$ so far.