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Dead Cat Bounce!

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JulzM
Regular Contributor
The cat is still alive !!
43 REPLIES 43
Rams
Super Contributor
how high will it bounce?
JulzM
Regular Contributor
suki
Super Contributor
i see a short to 43900
SimonPB
Valued Contributor
just high enough to stop out the shorts
Russ
Super Contributor
Hehe,probably true!
Hali
Super Contributor
AGL is either up 15% or down >5%? How does this work?
Rovert
Super Contributor
Agl is up .... Why why why
Hali
Super Contributor
Rumour has it, theres a takeover offer on the cards
Rovert
Super Contributor
So...buy on rumour, sell on fact
Mol
Frequent Contributor
Sentiment can turn quickly,look at kio,100% up in less than a month.
Hali
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
Russ
Super Contributor
So is everyone snugly in the bull trap then?
Preston
Super Contributor
@Russ, snugly with stop loss in place.
Russ
Super Contributor
Good man! Never forget the stop loss.
Hali
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
Hali
Super Contributor
And since a dead cat bounce can only be identified in hindsight its impossible to be sure
SimonPB
Valued Contributor
an that exactly the point .. impossible to know, so just trade the price
Preston
Super Contributor
@simon, Mark/Chartist would be proud of you Simon. His expertise has finally rub off on you.
Not applicable
nope, actually, trading the price has consistently been Simon's mantra, conveniently plagiarized by Chartist.