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Dead Cat Bounce!

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Regular Contributor
The cat is still alive !!
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43 REPLIES 43
Super Contributor
how high will it bounce?
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Regular Contributor
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Super Contributor
i see a short to 43900
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Valued Contributor
just high enough to stop out the shorts
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Super Contributor
Hehe,probably true!
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Super Contributor
AGL is either up 15% or down >5%? How does this work?
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Super Contributor
Agl is up .... Why why why
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Super Contributor
Rumour has it, theres a takeover offer on the cards
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Super Contributor
So...buy on rumour, sell on fact
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Frequent Contributor
Sentiment can turn quickly,look at kio,100% up in less than a month.
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Super Contributor
AGL is announcing results tom..maybe market knows something we don't.. also announcing restructuring plans in detail. I think we could see 100 soon
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Super Contributor
So is everyone snugly in the bull trap then?
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Super Contributor
@Russ, snugly with stop loss in place.
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Super Contributor
Good man! Never forget the stop loss.
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Super Contributor
Is this a Dead Cat bounce or a reversal in trend? KIO up almost 300%, AGL 100%.. This seems more than a bounce to me
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Super Contributor
And since a dead cat bounce can only be identified in hindsight its impossible to be sure
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Valued Contributor
an that exactly the point .. impossible to know, so just trade the price
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Super Contributor
@simon, Mark/Chartist would be proud of you Simon. His expertise has finally rub off on you.
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Not applicable
nope, actually, trading the price has consistently been Simon's mantra, conveniently plagiarized by Chartist.
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