US economic problems not over, sell the ‘dead cat bounce’ « Peter J. Cooper’s Weblog

by arabianmoney | May 3, 2008 at 02:04 am | 197 views | add comment

This is trader terminology for something that happens in a very bad downturn. Eventually things get so bad that they recover just a little, leading to flood of false optimism about the future, partly from traders who want to use the bounce to clear their books. It is like a cat falling off a building. It will bounce upwards on impact but still be dead.

Comments (0)

Sign In or Join Add a comment

Your email is kept private and will not be shown publicly.

May 3, 2008 at 02:04 am by arabianmoney, 197 views, add comment

is reporting from

closeSign in to NowPublic