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Market Lessons: Dead Cat Bounce November 20, 2007

Posted by Who? in Random.
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A dead cat bounce is a term used by traders to describe a pattern wherein a moderate rise in the price of a stock follows a spectacular fall, with the connotation that the rise does not indicate improving circumstances. It is derived from the notion that “even a dead cat will bounce if it falls from a great height”. 

Thank you Wikipedia, but where was the warning before I got juked by the less than lively feline?  I’ve never really liked cats.

 Lesson learned.

Graph: the “bounce” is that little green bastard

DCB chart

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