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S&P 500
5,222.68
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US TECH 100
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0.05%
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Dow Jones
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d33c4f

Re: BoomTime post# 879

Wednesday, 04/13/2005 10:59:47 AM

Wednesday, April 13, 2005 10:59:47 AM

Post# of 44374
BoomTime

A "dead cat bounce" is when a stock has been falling hard for awhile and get's a knee jerk re-action, up
A good example would be gmed yesterday.

This is a bounce down off resistance. Accompanied by a couple nasty gaps.

In other wordds, this would only be a "dead cat bounce" in you were short the stock

The thing about gaps is that they always fill eventually.
Esspecially on a stock with an o/s like gtel

Watch to see if todays high breaks. We may get a fill when a pr comes out

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