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Dead cat bounces

Anyone got caught by the bounce? Me first quarter lost money so 2nd quarter hide inside a cave and  3rd quarter don't know want to come out and play?   

 

Thanks all.

Fundamentally, nothing much has changed in the US over the past couple of weeks. Even though the oil price has fallen from $140 to $125, it is still at a very high level. Housing and jobs reports are still very bad.


So any major market price movements in US or in Singapore should be treated with caution. 

 

Gave another tick to Singaporegal.

Looks like there are still stale bulls out there that may be experiencing Zhong1 Yan2 Ni4 Er3 (i.e. only-willing-to-hear-the-positivitis).

 

Oops...put a tick for U...

winsontkl      ( Date: 22-Jul-2008 21:44) Posted: Singaporegal, to set the record right.... frankly speaking, the market will speak for itself....

 

Don't time market , let market time u .

 

Singaporegal, to set the record right....

frankly speaking, the market will speak for itself....

 

See my previous post.... although someone gave me a bad post.


Be careful. Dow futures are negative now. Oil prices bounced back.

 

I'm very wary of dead cat bounces. BBs and smart traders will use these bounces to sell into strength and get out of long positions.


Dead cat bounces are typically large increases in prices but unsupported by volumes.