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Re: MaxPowerLove$Ihub post# 18612

Monday, 03/28/2011 8:53:52 AM

Monday, March 28, 2011 8:53:52 AM

Post# of 130765
The term "dead cat bounce" is derived from the idea that "even a dead cat will bounce if it falls from a great height".[2] The phrase has been used on Wall Street for many years. The earliest use of the phrase dates from 1985 when the Singaporean and Malaysian stock markets bounced back after a hard fall during the recession of that year. Journalist Christopher Sherwell of the Financial Times reported a stock broker as saying the market rise was a "dead cat bounce". A similar expression has an older history in Cantonese and this may be the origin of the term.

Just to clear things up a bit......lol
morning DD

If you think you are beaten,
You are;
If you think you dare not,
You don't;
If you like to win but you think you can't,
It is almost certain you won't;
If you think you'll lose,
You've lost.

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