StockFetcher Forums · General Discussion · Is this a Dead Cat Bounce?<< 1 2 3 4 5 ... 10 >>Post Follow-up
karennma
6,386 posts
msg #50669
Ignore karennma
3/25/2007 1:13:24 PM

What happened?
I thought we were "finished" for the year (per wallstreetgenius' post - "the market topped in January").
Was last week a dead cat bounce? Or is the DOW continuing up till June?
Opinions?



maxreturn
745 posts
msg #50672
Ignore maxreturn
3/25/2007 6:13:17 PM

Where is Riggs when you need him?

hairyhead
10 posts
msg #50676
Ignore hairyhead
3/25/2007 10:55:27 PM

On both the daily and weekly charts the markets look very overbought. I'm looking to add to my short positions tomorrow.

Koronbock
201 posts
msg #50681
Ignore Koronbock
3/26/2007 9:05:42 AM

Don't try to predict the market. I don't think anybody has ever been able to predict the market on a consistent basis. Even the "mighty Riggs" has failed miserably. So why wast time and energy. The market is telling you every day what you should do. Just listen.



maxreturn
745 posts
msg #50683
Ignore maxreturn
3/26/2007 10:15:02 AM

Of course Koronbock is right. Having said that, I agree with Hairyhead that the daily chart of the spx is OB and due for a pullback. In looking at the weekly I think the probabilities favor a retest of the february high.

papawally
19 posts
msg #50684
Ignore papawally
3/26/2007 11:49:39 AM

Look at TMW(Wilshire 5000) on www.bigcharts.com for time= 4 years; Frequency= weekly; SMA= 40(200day MA) for the general health of the overall market. You can add whatever other parameters you want.

nikoschopen
2,824 posts
msg #50687
Ignore nikoschopen
3/26/2007 7:09:09 PM

As far as I know, a dead cat doesn't bounce. :P

petrolpeter
439 posts
msg #50697
Ignore petrolpeter
3/27/2007 3:08:18 AM

Having grown up on a farm in mid-Wisconsin,I can verify that dead cats bounce,but only once.

lockwhiz
206 posts
msg #50699
Ignore lockwhiz
3/27/2007 11:01:26 AM

LOL ... I guess it depends on how high they drop from ?

nikoschopen
2,824 posts
msg #50706
Ignore nikoschopen
3/28/2007 2:52:14 PM

By all accounts, this cat is pronounced dead―especially in light of the fact that nobody believes Bernanke when he testifies in his usual about-face manner.

StockFetcher Forums · General Discussion · Is this a Dead Cat Bounce?<< 1 2 3 4 5 ... 10 >>Post Follow-up

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