Dead cat bounce
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Dead cat bounce
by erblaz » Wed Sep 28, 2011 1:54 pm
So with silvers action today. Did we get a dead cat bounce Monday and Yesterday or is this normal market motion. The chart looks like it could be headed lower. Support is at 26.39. Below that closing price look out.
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Re: Dead cat bounce
by barrytrot » Wed Sep 28, 2011 2:05 pm
Moving $3 in any direction is neither a bounce nor an upswing nor anything. The market it super volatile. If it moves $3 in the same direction for 2 days that's a direction, but right now it's above $30 again. It just moves people 
Also, I don't think dead cats bounce much anyway. I don't have one handy, but I'd like to see some data on that also.
Also, I don't think dead cats bounce much anyway. I don't have one handy, but I'd like to see some data on that also.
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barrytrot - Too Busy Posting to Hoard Anything Else
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Re: Dead cat bounce
by erblaz » Wed Sep 28, 2011 2:14 pm
You'd be suprised. Drop them 10 stories and the SOB's really move off the ground
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Re: Dead cat bounce
by glass » Wed Sep 28, 2011 3:28 pm
My Finger is itching and own the trigger
Of when to buy, not kill a cat
Of when to buy, not kill a cat
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